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

30% in the month of sale

60% in the month following sale

10% in the second month following sale

The following sales are expected:

	Expected Sales
January	$	141,000
February	$	155,000
March	$	146,000

Cash collections in March should be budgeted to be:

$146,500.

$146,000.

$136,800.

$150,900.