Grover has forecast sales to be $129,000 in February $139.000 in March. $156,000 in April and SM5.000 in May The average cost of goods sold is 80% of sales All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following What are budgeted cash receipts in March Me Chocce 505.000 S000 $98.500 595700