Asg $53 000$54,000 Sep Cash collections $53 000 25 000 26000 21.000 34000 26000 30000 12 00013 00011000 O A $118.000 O B. 535000 OC. S31 000 D. $22.000 Mimosa, Inc, a merchandising company, has the following budgeted figures: Jan Feb Mar April $63,000 $88,000 $94,000 $54,900 60% of sales Sales Cost of goods sold Required ending inventory $20,000 + 30% of next month's sales Inventory on hand on Jan $27,500 Calculate cost of goods sold for the month of February O A. $32,940 B. $37,800 O c. $44,340 O D. $18,900