A company's history indicates that 30% of its sales are for cash and the rest are on credit. Collections on credit sales are 25% in the month of the sale, 50% in the next month, 15% the following month, and 10% is uncollectible. Projected sales for December, January, and February are $80,000, $105,000 and $115,000, respectively. The February expected cash receipts from current and prior credit sales is: Multiple Choice $110,000 $28,438 $65,275 $53,775 $76,775