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Caleb company expects sales of 10,000 units in January 2022 and 7,000 units in February. If Caleb company sells each unit on account for $3

Caleb company expects sales of 10,000 units in January 2022 and 7,000 units in February. If Caleb company sells each unit on account for $3 and collects 75% of their sales on account in the month of the sale and 25% in the following month, what are expected cash collections in February 2022? A. $27,750 B. $21,000 C. $28,500 D. $23,250

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