A Company Has Forecast Sales in the First Three Months

A company has forecast sales in the first three months of the year as follows (figures in millions) : January, $90; February, $20; March, $30.Seventy percent of sales are usually paid for in the month that they take place and 30 percent in the following month.Receivables at the end of December were $20 million.What are the forecasted collections on accounts receivable in March?

A) $27 million
B) $50 million
C) $23 million
D) $35 million