Answer:
Total cash colected in March $172,800
Explanation:
March collections:
March cash sales 180,000 x 20% $36,000
March credit sales 144,000 x 70% = $100,800
February credit sales 120,000 x 30% = $36,000
Total cash colected in March $172,800
Notes:
March credit sales: 180,000 total sales x 80% = 144,000
February credit sales 150,000 total sales x 80% = 120,000