ABC Ltd made sales of $80,000 and $100,000 in November and December (2019), respectively. Sales are 40% cash and 60% credit. The opening cash balance for November is $15,000. Credit sales are paid two months after the month of sales. Calculate the cash receipts for the month of January 2020 assuming no new sales were made in January (Note: The question requires you to calculate cash receipts, not cash balance). Select one a. 5180.000 b. 5100,000 548.000 d. 580.000