Happy Manufacturing Company needs to know its ancipated cash inflows for the next quarter by month....

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Happy Manufacturing Company needs to know its ancipated cash inflows for the next quarter by month. Cash sales are 25 percent of total sales each month Historically, sales on account have been collected as follows 50 percent in the month of the sale. 30 percent in the monim after the sale, and the remaining 20 percent two months aher the sale Gross sales for the quarter are projected as follows January February $20,000 $10,000 $40,000 March Accounts receivable on December 31 were $30,000 Happy's expected cath collections for March would be Selectone A $32.000 $32,000) C$30,250 D$47,200 Happy Manufacturing Company needs to know its ancipated cash inflows for the next quarter by month. Cash sales are 25 percent of total sales each month Historically, sales on account have been collected as follows 50 percent in the month of the sale. 30 percent in the monim after the sale, and the remaining 20 percent two months aher the sale Gross sales for the quarter are projected as follows January February $20,000 $10,000 $40,000 March Accounts receivable on December 31 were $30,000 Happy's expected cath collections for March would be Selectone A $32.000 $32,000) C$30,250 D$47,200