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Sioux Corporation is estimating the following sales for the first four months of next year: January $ 2 1 0 , 0 0 0 February

Sioux Corporation is estimating the following sales for the first four months of next year:
January
$210,000
February
$280,000
March
$340,000
April
$370,000
Sales are normally collected 60% in the month of sale and 40% in the month following the sale. Based on this information, how much cash should Sioux expect to collect during the month of April?
$119,000
$222,000
$358,000
$370,000
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