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

Jan $100,000

Feb $120,000

Mar $110,000

Cash collections in March should be budgeted to be:

	a.	$110,000
	b.	$110,800
	c.	$105,000
	d.	$113,000