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It is January 1, 20x2. Sales for Tairy Company for January February, and March are forecasted to be as follows: January: $445.000 February $274,000 March:

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It is January 1, 20x2. Sales for Tairy Company for January February, and March are forecasted to be as follows: January: $445.000 February $274,000 March: $132.000 Seventy-five percent of the sales are credit sales, and the remaining 25% are cash sales of the credit sales, 35% are collected during the month of sale, 25% in the following month, and 40% in the second following month. TOTAL sales for November and December, 20x1 were $272.400 and $377,300, respectively What is the forecasted amount of total CASH COLLECTIONS FROM SALES IN JANUARY? o $380.526 O $470.285 O $269.276 O $111.250

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