XYZs sales are all credit sales. The following information is available with respect to sales on account:

20% of credit sales are collected in the month of sales

50% of credit sales are collected in the month following the month of sales

30% of credit sales are collected in the second month following the month of sales

Budgeted Sales are as follows:

January $80,000

February $100,000

March $150,000

Cash collections in March are budgeted to be: