When Building a Cash Budget,the Following Items Are Budgeted for the First

Multiple Choice

When building a cash budget,the following items are budgeted for the first quarter:

20% of all sales are cash sales.The remaining sales are on credit and customers have 30 days to pay.
All purchases are made on credit and paid after 2 months.
Wages are paid in the month they are incurred.
Other Expenses include depreciation at £1,000 per month.
What is the expected net cashflow in March?

A) £1,500
B) £6,500
C) £4,100
D) £3,100