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Avrli Company makes collections on sales according to the following schedule: 35% in the month of sale 61% in the month following sale 4% in

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Avrli Company makes collections on sales according to the following schedule: 35% in the month of sale 61% in the month following sale 4% in the second month following sale The following sales have been are expected: Expected Sales January Februany March $120,000 $130,000 $120,000 Budgeted cash collections in March should be budgeted to be: O $121,300 O $126,100 O $120,480 O$120.00o

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