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Crocodile Inc. has developed their 2020 sales budget as follows: January: $75,000 February: $100,000 March: $35,000 The company's pattern of cash collection is 20% in

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Crocodile Inc. has developed their 2020 sales budget as follows: January: $75,000 February: $100,000 March: $35,000 The company's pattern of cash collection is 20% in the month of sale, 40% in the following month: 40% in the next month. Assuming this collection pattern will continue, what is Crocodile Inc.'s accounts receivable balance at the end of March

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