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

$30\%$ in the month of sale

$60\%$ in the month following sale

$8\%$ in the second month following sale The following sales are expected:

Expected Sales

January

$$134,400$

February

$$145,000$

March

$$162,400$

What should be the budgeted cash collections in March?

Question $3$Answer

a$.$

$$135,720$

b$.$

$$146,472$

c$.$

$$48,720$

d$.$

$$59,472$