Current Attempt in Progress

Presented below is information related to Blowfish radios for the Blue Company for the month of July.

$\backslash$table$[[$Date$,$Transaction,Units In$,$Unit Cost,Total,Units Sold,Selling Price,Total$],[$July $1,$Balance,$120,$$$3\mathrm{.}80,$$$456,,,],[6,$Purchase,$960,3\mathrm{.}90,3,744,,,],[7,$Sale,,,,$360,$$$6\mathrm{.}80,$$$2,448],[10,$Sale,,,,$360,7\mathrm{.}10,2,556],[12,$Purchase,$480,4\mathrm{.}20,2,016,,,],[15,$Sale,,,,$240,7\mathrm{.}20,1,728],[18,$Purchase,$360,4\mathrm{.}30,1,548,,,],[22,,,,,480,7\mathrm{.}20,3,456],[25,$Purchase,$600,4\mathrm{.}28,2,568,,,],[30,$Sale,,,,$240,7\mathrm{.}30,1,752],[,$Totals,$2,520,,$$$10,332,1,680,,$$$11,940]]$

Question $6$

$5$ pts

A company's history indicates that $20\%$ of its sales are for cash and the rest are on credit. Collections on credit sales are $20\%$ in the month of the sale, $50\%$ in the month following the sale, and $15\%$ in the second month following the sale. Projected sales for January, February, and March are $$69,000,$$$94,000$ and $$104,000,$ respectively. The March expected cash receipts from current and prior credit sales is:

$$46,920$

$$78,120$

$$62,520$

$$78,150$

$$99,000$