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 $45,000 and $69.000, respectively. The company expects to collect 30% of its credit sales in the month of the sale. 60% in the following month, and 10% 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 O $54,600 $20,700 $41,400 $47700