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COVID 19 Co has forecast sales to be $130,000 in February, $144,000 in March, $150,000 in April, and $146,000 in May. The average cost of

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COVID 19 Co has forecast sales to be $130,000 in February, $144,000 in March, $150,000 in April, and $146,000 in May. The average cost of goods sold is 80% of sales. All sales are on made on credit and sales are collected 65% in the month of sale, and 35% the month following. What are budgeted cash receipts in March? Select one: a. $139,100 O b. $102,600 O C. $143,100 O d. $99,800

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