Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects credit sales of $48,000 and $72,000, respectively. The company expects to collect 60% of its credit sales in the month of the sale, 35% in the following month, and 5% is deemed uncollectible. What amount of cash collections from credit sales would the company include in its cash budget for the second month? Multiple Choice $63,600 $43.200 $25.200 560.000