Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2:

	Dec. Year 1				Jan. Year 2				Feb. Year 2				Mar. Year 2
	(Actual)				(Budgeted)				(Budgeted)				(Budgeted)
Credit sales	$	51,000			$	131,000			$	146,000			$	101,000
Cash sales	$	18,000			$	16,000			$	21,000			$	3,000

Based on the company's collection history, 43% of credit sales are collected in month of sale, and the remainder is collected in the following month. Cash collections in January from December credit sales would be:

Multiple Choice

$32,130.

$19,860.

$29,070.

$24,000.