8) all of gaylord corporation's sales are on account. thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. the following are budgeted sales data for the company: january february march april total sales $50,000 $60,000 $40,000 $30,000 what is the amount of cash that should be collected in march?