12. A company's history indicates that 20% of its sales for and the rest are are on credit. Collections on credit sales are 20% in the of the the next month, 25% the following month, and 5% is uncollectible. Projected sales for December, January, and February are $60,000, $85,000 and $95,000, respectively. The February expected cash receipts from all current and prior credit sales is: (Points: 1) A) $57,000