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30. McCoy sells Texas State T.shirts. They are starting up for the first time in January 2022 . In January they sold 1000 shirts for

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30. McCoy sells Texas State T.shirts. They are starting up for the first time in January 2022 . In January they sold 1000 shirts for $30 each. In February they sold 1000 shirts for $30 each. Sales are 20% cash and 80% credit. Of credit sales 35% are collected in the same month, 60% are collected one month after, and 5% are never collected but ultimately turn into bad debt. What is McCoy's Cash Receipts Budget for January and February respectively? $8,400 January, and $22,800 February b. $14,400 January, and $30,000 February c.. $14,400 January, and $28,800 February -. $6,000 lanuary, and $36,000 February Jan Feb 100030=30,000 6000

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