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Tony Transportation's sales budget for the first quarter follows: January February March $130.000 300,000 290.000 All sales are on account (credit) with 50% collected in
Tony Transportation's sales budget for the first quarter follows: January February March $130.000 300,000 290.000 All sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the second month after sale. There are no uncollectable accounts. The March cash receipts are: Select one: O a $250.000 $260,000 Oc $261,000 d. 5180,000 anch O 1 . E ES Fo F2 F
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