23 SixthZ collects all sales on account. Using the table below, what is the total budgeted cash collections for February? Price Per Treehouse $1,000 Budgeted Treehouse Sales for January 35 Treehouses Budgeted Treehouse Sales for February 55 Treehouses Budgeted Treehouse Sales for March 75 Treehouses Desired Finished Goods Ending Inventory 15% Desired Raw Materials Ending Inventory 40% Of next month's sales Of next month's materials needs % of month's credit sales collected in the month the sale is made 80% % of month's credit sales collected in the month following the sale 20% O $51,000 $59,000 O $11,000 $55,000 2 pts