Question 15 2 pts A company's history indicates that 25% 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, 20% the following month, and 10% is uncollectible. Projected sales for December, January, and February are $73,000 $98,000 and $108,000, respectively. The February expected cash receipts from current and prior credit sales is: $103.000 $63,900 $26.475 $53.100 $74,700