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

25% in the month of sale

65% in the month following sale

6% in the second month following sale

The following sales are expected:

	Expected Sales
January	$240,000
February	$250,000
March	$320,000

Cash collections in March should be budgeted to be:

	$280,000
	$307,200
	$256,900
	$320,000