Budgeted sales in Allen Company over the next four months are given below. Budgeted sales September October November December $100,000 $160,000 $180.000 $120.000 Twenty-five percent of the company's sales are for cash and 75% are on credit Collections for sales on credit follow a stable pattern as follows: 50% of a month's sales are collected in the month of sale, 30% are collected in the month following sale, and 15% are collected in the second month following sale. The remainder are uncollectible. Given these data, cash collections in December should be? Multiple Choice $120,000 $133.000 $103.500 $133,500