Parlee Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of sale, 40% in the month following sale. The following are budgeted sales data:

January February March

Total Sales $60,000 $70,000 $50,000

Total cash recipts in March would be budgeted to be:

What is the Sales Revenue number on the Income Statement for the Quarter Ending March 31 based on the information?