Moving to another question will save the response. Question 1 A Company makes collections on sales according to the following schedule: 25 in the month of sale 60% in the month following sale 3% in the second month following sale The following sales are expected: Expected Sales January $ 130,000 February $ 140,000 March $ 134,000 Cash collections in March should be budgeted to be: 5117.500. $127.900. $134,000. $134,320 Moving to another question will save this response