Question 8 OKAY Corporation prepared the following sales budget: Month Cash Sales Credit Sales Jan. $20,000 $10,000 Feb. $36.000 $16,000 March $42.000 $40,000 April $54,000 $48.000 Credit collections 30% in the month of sale. 50% in the month following the sale, and 15% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in March? $21.500 $63.500 $75 600 $65.900 D Question 9 6 pts MacBook Pro