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Class Questl Corporation, a company located in Tacoma, WA, had the following sales. SEP OCT DEC JAN FEB MONTH Total Sales NOV $80,000 $100,000 $120,000

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Class Questl Corporation, a company located in Tacoma, WA, had the following sales. SEP OCT DEC JAN FEB MONTH Total Sales NOV $80,000 $100,000 $120,000 $90,000 $150,000 $120,000 10% of all sales are cash sales. The rest are credit sales. Credit sales are collected as follows: 20% in the month of sale, 70% in the month following sale, and 10% in the second month following sale. Calculate the Cash Collections during the month of January? Multiple Choice $136,200 $105,900 $150,000 $90,900

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