Grover has forecast sales to be $129,000 in February, $139,000 in March, $157,000 in April, and $145,000 in May. The average cost of goods sold is 75% 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?

$98,500

$95,700

$135,000

$139,000