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Swifty Corporation has the follo ing budgeted sales: January $30000 February $90000, and March S50000 40% of the sales are for cash and 60% are

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Swifty Corporation has the follo ing budgeted sales: January $30000 February $90000, and March S50000 40% of the sales are for cash and 60% are on credit For the credit sale 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during March are: $74000. O $62000. $82500

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