Shown Below Is the Sales Forecast for Kalin Inc On Average, 50% of Credit Sales Are Paid for in the First

Shown below is the sales forecast for Kalin Inc. for the first four months of the coming year.
$\begin{array}{lrrrrrr}&\text { Jan } & \text { Feb } & \text { Mar } & \text { Apr }\\\text { Cash sales } & \$ 15,000 & \$ 24,000 & \$ 18,000 & \$ 14,000 \\\text { Credit sales } & \$ 100,000 & \$ 120,000 & \$ 90,000 & \$ 70,000\end{array}$

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: (CMA adapted)

A) $138,000.
B) $122,000.
C) $119,000.
D) $108,000.

Correct Answer:

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