ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsClos Maps Saved Help Save & Ex Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cash sales of $31,000 and $34,500, respectively. It also expects credit sales of $51,000 and $61,000, respectively. The company expects to collect 35% of its credit sales in the month of the sale, 60% the following month, and 5% is deemed uncollectible. What amount of cash collections would appear in the company's cash budget for the second month? Multiple Choice O $83,900 $86,450 O $97,600 O $21,350 Prev 5 of 10 Next >