McCoy sells Texas State T-shirts. They are starting up for the first time in January 2022, In January they sold 1000 shirts for $30 each. In February they sold 1000 shirts for $30 each. Sales are 20% cash and 80% credit. Of credit sales 35% are collected in the same month, 60% are collected one month after, and 5% are never collected but ultimately turn into bad debt. What is McCoy's Cash Receipts Budget for January and February respectively? a. $8,400 January, and $22,800 February b. $14,400 January, and $30,000 February c. $14,400 January, and $28,800 February d. $6,000 January, and $36,000 February