1. Use the data below from a companys sales for January to April to get a forecast for the collection forecast, including cash sales, for April:

Month	Sales
January	$220,000
February	140,000
March	150,000
April	140,000

Of the sales above, 30% are for cash and 70% are for credit. Of the credit sales, 58% are collected one month later, 32% are collected two month later, and 10% are collected three months later. What is the collection forecast for April?