Grover has forecast sales to be $132,000 in February, $141,000 in March, $150,000 in April, and $147,000 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?

• $137,400

• $141,400

• $100,900

• $98,100