Question 14 3.33 pts A company's history indicates that 20% of its sales are for cash and the rest are on credit. Collections on credit sales are 20% in the month of the sale, 50% in the next month, 25% the following month, and 5% is uncollectible. Projected sales for December, January, and February are $60,000, $85,000, and $95.000, respectively. The February expected cash receipts from all current and prior credit sales are $57,000 O $61,200 O $90,250 $66,400