Question 12. Summer Bottle, a recycling glass company, has supplied the following information in relation to their actual sales in 2018 and planned sales for the first quarter of 2019. Cash Credit Total $ $ $ 2018 Actual Sales for November 25,000 25,000 50,000 December 35,000 40,000 75,000 2019 Estimated Sales for January 18,000 30,000 48,000 February 21,000 35,000 56,000 March 22,000 40,000 62,000 Past records indicate that expected receipts collected from debtors will be: 60 per cent in the month of sale 40 per cent in the month following the sale Refer to the table above. What is the projected cash inow from accounts receivable (collected from credit sales) in February 2019? (round to the nearest dollar)