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Manu has forecast sales to be $139,600 in February, $152,700 in March, $168,200 in April, and $179,200 in May. The average cost of goods sold

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Manu has forecast sales to be $139,600 in February, $152,700 in March, $168,200 in April, and $179,200 in May. The average cost of goods sold is 70% of sales. 36% of sales are on made on credit, the rest are for cash. The sales on credit are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts on credit sales in March that were collected in April

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