Melody Inc. had a November ending cash balance of $15,000. As well, it had sales of $10,000 in November, $20,000 in December, and projects sales of $25,000 for January, $30,000 for February, and $35,000 for March. The firm collects its receivables in the month after the sale. Given this information, calculate its cash balance at the end of March.

A) $75,000
B) $80,000
C) $90,000
D) $100,000
E) $110,000

To calculate the cash balance at the end of March, we need to consider the initial cash balance and the cash inflows from sales, collected one month after the sale. Starting with a $15,000 balance in November, the collections would be as follows: $10,000 in December (from November sales), $20,000 in January (from December sales), $25,000 in February (from January sales), and $30,000 in March (from February sales). The sales of March ($35,000) will be collected in April, so they are not included in the March ending balance. Adding these collections to the initial balance gives us: $15,000 + $10,000 + $20,000 + $25,000 + $30,000 = $100,000. However, this calculation does not align with the provided options directly, indicating a misunderstanding in the explanation process. Given the options and the correct approach to add the initial balance with the cumulative collections, the correct calculation should reflect the sum of initial balance and the collections from sales, considering the error in the initial explanation.