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Living Tanks sell tanks and fish and reptiles throughout Victoria. During March 2022, cash sales...

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Accounting

Living Tanks sell tanks and fish and reptiles throughout Victoria. During March 2022, cash sales were $49074 and $40314 were on credit. Credit sales are collected on average 10% later in the month of the sale, 50% in the month after the sale and 40% two months after the sale.
What is the total amount of cash collected in April 2022 based on this information? (Show amount to two decimal places and without, or $ signs) $
Answer:
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