Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: Dec. Year Jan. Year 2 Feb. Year 2 Mar. Year 2 1 (Actual) (Budgeted) (Budgeted) (Budgeted) $58,000 $138,000 $153,000 $108,000 $11,000 $ 23,000 $ 28,000 $ 10,000 Credit sales Cash sales 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: Multiple Choice $35,240. O $34,220. O $38,000 O O O $172,300