Avril Company makes collections on sales according to the following schedule:

30% in the month of sale

64% in the month following sale

6%in the second month following sale

The following sales are expected:

	Expected Sales
January	$100,000
February	$110,000
March	$100,000

Cash collections in March should be budgeted to be:

Which below is the correct answer?

$106,400 $100,000 $100,400 $100,600