22 The table below shows budgeted cash and credit sales for the NICE Company: 2 points January Cash Credit Sales Sales $40,000 $140,000 February $45,000 $160,000 March $42,000 $120,000 April $37,000 $122,000 02:20:59 May $47,000 $190,000 June $70,000 $160,000 The following is the cash collection model the company uses for its cash budget: 30% month of sale 35% month after sale 35% 2 months after sale The composition of the company's accounts receivable account balance of $92,000 on January 1st is as follows: $70,000 December sales $22,000 November sales. Which of the followinng shows the budgeted total cash the company will collect in January?