A company's history indicates that 20% of its sales are for cash and the rest are on Credit Collections on credit sales are 20% in the month of the sale, 60% in the next month, 15% the following month, and 5% is uncollectible. Projected sales for December, January, and February are $66,000, $91,000 and $101,000, respectively. The February expected cash receipts from current and prior credit sales is: Multiple Choice 535.904 572 62700 66000 $15.200