Ne Mustang Company has budgeted its sales for the following months: March $16,000 - April 12,000 TS May 20,000 ol June 28,000 this July 36,000 cho cho Collections are expected to be 50% in the month of sale, 40% in the month following the sale, and 5% two months following the sale. The remaining 5% is expected to be uncollectible. Determine the amounted the company expects to collect in May. dW dW $21,200 $23,000 $15,600 $14,800