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The following credit sales are budgeted by Concord Corporation. January 136000 February 200000 March 280000 The companys past experience indicates that 80% of the accounts

The following credit sales are budgeted by Concord Corporation.

January		136000
February		200000
March		280000

The companys past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. The anticipated cash inflow for the month of March is

a. $264000.

b. $272000.

c. $224000.

d. $280000.

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