The following credit sales are budgeted by Swifty Electronics:

January	$123500
February	119900
March	134400
April	141000
May	141200

The company's past experience indicates that 45% of the accounts receivable are collected in the month of sale, 35% in the month following the sale, and 19% in the second month following the sale. 1 percent are uncollectible. How much does the company anticipate as cash receipts for March?

$133056

$125910

$136658

$123076