BONUS Baltimore Baking is preparing its cash budget and expects to have sales of $40,000 in January, $45,000 in February, and $30,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? a. $24,000 b. $27,000 c. $30,000 d. $40,000 e. $45,000