Multiple Choice Question 111 Swifty Corporation has the following budgeted sales: January $200000, February $250000, and March $210000. 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: $218500 $222000 $210000. $234000