• Given the following information on sales volume in units:Jan. 4,000
  • Feb. 4,400
  • Mar. 4,200

Assuming a sales price of $25.00 per unit, calculate the total budgeted March cash inflows from customers assuming 70% of all sales are on account of which collections on account are estimated at 30% in the month of sale and 70% in the month following. $ 75,950$ 53,550$140,450$107,450None of the above

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explain!