Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year.
On average, 50% of credit sales are paid for in the month of the sale, 30% in the month following sale, and the remainder are paid two months after the month of the sale. Assuming there are no bad debts, the expected cash inflow in March is:

a. $138,000
b. $122,000
c. $119,000
d. $108,000

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answertop managers;