Question 3 (3 points) Subject Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 20% of total sales each month. Historically, sales on account have been collected as follows: 50% in the month of the sale, 35% in the month after the sale, and the remaining 15% two months after the sale. Sales for the quarter are projected as follows: January, $60,000; February, $30,000; and March, $90,000. Accounts receivable on December 31 were $45,000. Subject Company would expect to have an accounts receivable balance on March 31 of $45,000. $55,500. $39,600. $90,000.