Assume a merchandising company provides the following information from its master budget for the month of May: Sales $ 124, 000 Cost of goods sold $ 100, 000 Selling and administrative expenses $ 34, 000 Accounts receivable, May 1St $ 18, 000 Accounts receivable , May 31St $ 25 , 000 If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May? Multiple Choice $106,000 O $113,000 O $117,000 O $124,000