Feeney Furniture prepared the following sales budget:

Month	Cash Sales	Credit Sales
March	$23,000	$11,000
April	$37,000	$10,000
May	$42,000	$38,000
June	$59,000	$54,000

Credit collections are 5% two months following the sale, 43% in the month following the sale, and 50% in the month of sale. The remaining

22% is expected to be uncollectible. What are the total cash collections in June at Feeney Furniture?

A.

$24,040

B.

$43,840

C.

$102,840

D.

$ 113 000