Please verify the answer, not sure if it is correct.

od luck! ! ! Question 16 8.34 pts All of Crabapple's sales are on account. Forty percent of the sales on account are collected in the month of sale, 35% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: January February March April Total sales $50,000 $45,000 $30,000 $55,000 What is the amount of cash that should be collected in March? $45,250 O $40,240 O $42,500 $12,000 Next