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XYZ Corp has the following sales budget: They collect 60% of sales in the month of the sale, 20% in the first month after the

image text in transcribed XYZ Corp has the following sales budget: They collect 60% of sales in the month of the sale, 20% in the first month after the sale, 15% in the second month after the sale, and 5% goes uncollected. What are the cash collections from sales in March? $195,550 $185,950 $206,050 $210,000 XYZ Corp has the following sales budget: They collect 60% of sales in the month of the sale, 20% in the first month after the sale, 15% in the second month after the sale, and 5% goes uncollected. What are the cash collections from sales in March? $195,550 $185,950 $206,050 $210,000

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