Johnson Equipment Expects the Following Sales in January, February, and March

Multiple Choice

Johnson Equipment expects the following sales in January, February, and March: The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 35% in the first month after sale, and 5% in the second month after sale.How much cash will be collected from customers in March?

A) $291,500
B) $376,500
C) $410,000
D) None of these answer choices are correct.