Meadows Company makes all of its sales on account. Meadows collect its accounts as follows: 70% in the month of sale, 25% in the month following sale, and 4% in the second month following sale....

Meadows Company makes all of its sales on account. Meadows collect its accounts as follows: 70% in the month of sale, 25% in the month following sale, and 4% in the second month following sale. Uncollectible accounts are 1% of sales. Meadows expects sales for the first three months of the year to be as follows: January 90,000; February 95,000; and March 100,000. How much cash should Meadows expect to collect in March.


A. 99,000
B.97,350
C. 100,000
D. 70,000