The managerial accountant at Local Produce Services expects to collect 40% of its credit sales in the month after the sale and 60% two months after the sale. Assume credit sales in January were $200,000 and February sales were $100,000.

January credit sales……………$200,000

February credit sales…………..$100,000

What is the anticipated cash collection of credit sales for March?

a) $14,000

b) $4,100

c) $140,000

d) $410,000