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The Following Credit Sales Are Budgeted by Gonzalez Company  January $170,000 February 250,000 March 350,000\begin{array} { l r } \text { January } & \$ 170,000 \\\text { February } & 250,000 \\\text { March } & 350,000\end{array}

Question 172

Multiple Choice

The following credit sales are budgeted by Gonzalez Company:  January $170,000 February 250,000 March 350,000\begin{array} { l r } \text { January } & \$ 170,000 \\\text { February } & 250,000 \\\text { March } & 350,000\end{array} The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale 20% in the month following the sale.The anticipated cash inflow for the month of March is


A) $330000.
B) $280000.
C) $350000.
D) $340000.

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