insert Draw Page Layout Formulas Data Review View Help Calibri 12 - ' ' == Paste General X out Un copy Format Painter Clipboard BIV Wrap Text Merge & Center NE $ % * - Insert De Fost Conditional Format as Cell Formatting Table Styles Styles Alignment Number C48 X f B B 50 51 52 53 ) Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: 54 Dec. Year 1 Jan. Year 2 Feb. Year 2 Mar. Year 2 55 (Actual) (Budgeted) (Budgeted) (Budgeted) 56 Credit sales $ 120,000 $ 280,000 $ 310,000 $ 220,000 Cash sales $ 20,000 $ 50.000 57 $ 60,000 $ 24,000 58 59 Based on the company's collection history, 42% of credit sales are collected in mouth of sale and the remainder is collected in the following month Total budgeted cash 60 receipts in February are expected to be 61 A) 560,000 62 B) 5162.400 63 C) 5352.600 64 D) 5228.000 65