Marigold Corp. has the following budgeted sales: January $90000, February $150000, and March $110000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during March are:

$134000.

$122000.

$110000.

$133500.