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The Millet Corporation's sales budget for the period January to March 20x3 is as follows: January - $344,500 February - $485.000 March - $256,000 The

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The Millet Corporation's sales budget for the period January to March 20x3 is as follows: January - $344,500 February - $485.000 March - $256,000 The historical cash collection pattern is as follows: 51% collected in the month of sales; 27% collected in the following month; The remainder is collected in the second following month. What are the budgeted cash collections for the month of March

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