Canine Supply Company's budgeted sales for January, February, and March are $120,000, $160,000, and $140,000, respectively.Based on past experience, ABC expects that 25% of a month's sales will be collected in the month of sale, 65% in the following month, and 9% in the second month following the sale.Budgeted cash receipts for the month of March would be:

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The Answer of Canine Supply Company's budgeted sales for January, February, and March are $120,000, $160,000, and $140,000, respectively.Based on past experience, ABC expects that 25% of a month's sales will be collected in the month of sale, 65% in the following month, and 9% in the second month following the sale.Budgeted cash receipts for the month of March would be:

Canine Supply Company's Budgeted Sales for January, February, and March