Bonita Industries has the following budgeted sales: January $120000, February $260000, and March $190000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts for March are: $180000. $190000. $211000. $241000.

Bonita Industries has the following budgeted sales: January $120000, February $260000, and March $190000.40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts for M arch are: $180000.$190000.$211000$241000