Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: December Year 1 (Actual) January Year 2 (Budgeted) February Year 2 (Budgeted) March Year 2 (Budgeted) Credit sales $ 67,000 $ 147,000 $ 162,000 $ 117,000 Cash sales $ 17,000 $ 32,000 $ 37,000 $ 19,000 Based on the company's collection history, 42% of credit sales are collected in month of sale and the remainder is collected in the following month. Total budgeted cash receipts in February are expected to be