Narendra Modi Pte. Ltd. is preparing its budget for next year. Sales are all on credit. The company expects that customers will pay 20% of what is owed in the month sales are made, 45% in the month after sales are made and 35% two months after sales are made. The sales budget shows budgeted sales of $180,000 in January 2020, $160,000 in February 2020 and $200,000 in March 2020. What cash receipts from sales should Narendra Modi Pte. Ltd. allocate to the cash budget for March 2020?       $113,000       $175,000       $200,000       $216,000

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