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Murphy's sales in units were 120,000 in January, 130,000 in February. Expected sales in units for March are 135,000 and 130,000 for April. The selling

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Murphy's sales in units were 120,000 in January, 130,000 in February. Expected sales in units for March are 135,000 and 130,000 for April. The selling price is $15. The collection policy for Murphy is 40% of sales are cash, 36% are collected in 1 month and the remaining in 2 months, How much will be the budgeted sales receipts in March? PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES. DON'T USE COMMA SEPARATORS

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