Funcycle Manufacturing's budget includes the following credit sales for the current year: September, $146,000; October, $137,000; November, $121,000; December, $158,000. Experience has shown that payment for the credit sales is received as follows: 10% in the month of sale, 55% in the first month after sale, and 35% in the second month after sale. What are the cash collections of credit sales in the month of December?

• $15,800.

• $114,500.

• $82,350.

• $158,000.

• $130,300.