Mercer, Inc. had the following sales for the past six months.Mercer collects its credit sales 30% in the month of sale, 60% one month after the sale, and 10% two months after the sale.

Cash SalesCredit Sales

January$50,000$50,000

February$70,000$110,000

March$55,000$95,000

April$78,000$130,000

May$80,000$105,000

June$75,000$148,000

What are Mercer's total cash receipts for the month of March?(Please Show your work)