Current Attempt in Progress

Sunland Company has the following budgeted sales: January $$15500,$ February $$22000,$ and March $$170000\mathrm{.}40\%$ of

the sales are for cash and $60\%$ are on credit. For the credit sales, $50\%$ are collected in the month of sale, and $50\%$ the next

month. The total expected cash receipts for March are:

$$156000.$

$$185000.$

$$203000.$

$$170000.$