Cash Collections Budget Kessler Service anticipates the following sales revenue over a five-month period: November $16,500 December $11,200 January $15,200 February $13,200 March $14,400 The company's sales are 30% cash and 70% credit. Its collection history indicates that credit sales are collected as follows: 25% in the month of the sale 50% in the month after the sale 20% two months after the sale 5% never collected How much cash will be collected in January? A. $8,890 B. $7,220 C. $15,200 D. $13,450