Cash collections for Renew Lights found that 65% of sales were collected in the month of sale, 25% was collected the month after the sale, and 10% was collected the second month after the sale. Given the sales shown, how much cash will be collected in March and April?

Jan. Feb.
$90,000 $120.000
Mar. Apr.
$75,000 $85,000


Mar. Apr.
Month of sale $
7,500
$
[ Select ]
Month after sale $
[ Select ]
$
[ Select ]
Second month after sale $
[ Select ]
$
[ Select ]
Total $
[ Select ]
$
[ Select ]



Answer :

the cash collected in March is $87,750 and in April is $86,000.

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