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Please explain your answer. Markham company has completed ts sales budget for the first quarter of2014 Projected aredit sales for the first four months of

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Markham company has completed ts sales budget for the first quarter of2014 Projected aredit sales for the first four months of the year are shown below 30,000 $45.000 I$48 000 The company's past records show collection of credit sales as follows: 40% in the month of sale and the balance in the following month. The total cash collection from receivables in March expected to O $18000. O SA5000 O $41.400 O $39600

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