Feeney Furniture prepared the following sales budget:

Month	Cash Sales	Credit Sales
March	$24,000	$8000
April	$38,000	$18,000
May	$42,000	$40,000
June	$51,000	$49,000

Credit collections are 10% two months following the sale, 60% in the month following the sale and 25% in the month of sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in May at Feeney Furniture?

		$21,600
		$16,800
		$63,600
		$82,000