Credit sales Cash sales (Actual) $69,000 $19,000 Dec. Year Jan. Year 2 Feb. Year 2 Mar. Year 2 1 (Budgeted) $149,000 (Budgeted) $164,000 (Budgeted) $119,000 $ 34,000 $ 39,000 $ 21,000 Based on the company's collection history, 42% of credit sales are collected in month of sale and the remainder is collected in the following month. Total budgeted cash receipts in February are expected to be: Multiple Choice $60,000. $194,300. $44,160. $54,720. Screenshot