Justin Company's budget includes the following credit sales for the current year: September, $43,000; October, $54,000;...

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Justin Company's budget includes the following credit sales for the current year: September, $43,000; October, $54,000; November, $48,000; December, $50,000. Credit sales are collected as follows: 15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible. How much cash can Justin expect to collect in November as a result of current and past credit sales? 42 Multiple Choice $48,200. $45,600. $51,000. $36,800. $48,000. Justin Company's budget includes the following credit sales for the current year: September, $43,000; October, $54,000; November, $48,000; December, $50,000. Credit sales are collected as follows: 15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible. How much cash can Justin expect to collect in November as a result of current and past credit sales? 42 Multiple Choice $48,200. $45,600. $51,000. $36,800. $48,000.