Mapple Co. manufactures smart phones. The following unit sales are budgeted for the first six months of 2022: January February March April May. June Sales (in units) 250,000 255,000 258,000 260,000 262,000 265,000 The selling price of the product is $700. All sales are on credit, and of the credit sales, 15% are collected in the month of sale, 60% are collected during the first month after the sale, and the remaining 25% are collected during the second month after the sale. Company policy calls for the ending finished goods inventory of a month to equal 40% of the next month's budgeted unit sales. Budgeted cash collections during the month of March is: