Ingralls sells bolts of fabric for $80 per bolt. The following sales forecast ( in bolts) for the first quarter was prepared:. January - 600 bolts; February - 1,000 bolts; March -700 bolts. cash collection of sales as follows:. 60 percent in the month of sale, 30 percent in the month following sale, and 9 percent in the second month following sale. How much are cash receipts for March expected to be?