Question 19 (3 points) Sales in December were $120,000. Projected sales for the first quarter are as follows: January: $135,000 February: $150,000 March: $160,000 Twenty percent of the sales are for cash, while the remainder are on account. Collections on credit sales are made 60% during the month of sale, 25% the following month, and 15% the second month following the sale. What are the total collections during February? $150,000. O $129,000. $143,400. $171,750. $113,400