Use the data below from a company 's sales for January to April to get a forecast for the collection forecast, including cash sales, for April: Month Sales
January $220000
February $140000
March $150000
April $140000
Of the sales above, 30% are for cash and 70% are for credit. Of the credit sales, 58% are collected one month later, 32% are collected two months later, and 10% are collected three months later. What is the collection forecast for April.