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 $42,000 and $68,000, respectlvely. The company expects to collect 60% of its credit sales in the month of the sale and the remaining 40% in the following month. What amount of cash collectlons from credit sales would the company include in Its cash budget for the second month? Multiple Choice $40,800 $57,600 $27,200 $66,000