Home Corporation will open a new store on January 1. Based on experience from its other retail outlets, Home Corporation is making the following sales projections: January February March April Cash Sales $60,000 $30,000 $40,000 $40,000 Credit Sales $80,000 $90,000 $100,000 $80.000 Home Corporation estimates that 70% of the credit sales will be collected in the month of sale, with the balance collected in the FIRST month following the month of sale, In a cash budget for March, the total cash receipts will be Multiple Choice $97,000 $137,000 $114.000 Multiple Choice $97.000 They $137,000 $114,000 $107.000