In the first six months of 2022, the The Shelf Company expected monthly sales of: Cash Sales Credit Sales January February March April May June $80,000 $180,000 $85,000 $200,000 $46,000 $160,000 $41,000 $126,000 $51,000 $230,000 $110,000 $200,000 The company's cost accountants have reviewed past sales and have determined this collection pattern: Collections on sales: 45% in month of sale 50% in month following sale 5% in second month following sale On January 1, 2022, the accounts receivable balance was $81,000, of which $55,000 was left from December sales that had not yet been collected and $26,000 were from November sales that had not yet been collected. Budgeted cash collections during January by The Shelf Company would be: