Question 8 Concord Corporation has the following budgeted sales: January $30000, February $90000, and March $60000. 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: $78000 $81000 $60000 $69000 Click if you would like to Show Work for this question: Open Show Work