Question 2: (1 point) (Not a repeat question.) Music Boxes sells awind-up music box that plays holiday tunes. Sales for October through February are projected as follows: Units Sold Price per Unit Music Boxes has historically collected 25% of sales in cash at time of sale as they offer a 5% cash discount. Of the remaining 75% of sales on credit, 30% is collected in the month after sale and 70% is collected two months after sale; August and September credit sales were $30,000 and $36,000, respectively. Music Boxes purchases product from a Swiss manufacturer; due to logistical risks, Music Boxes inventory policy is to have two months of sales (in units) in ending inventory at each month end. Music Boxes has 6,000 units in inventory at the end of September. Music Boxes pays the Swiss manufacturer 30 days after receipt of goods. Each music box costs $18.00. September purchases were $72,000. Music Boxes incurs variable SG&A expense each month of 10% for commissions on gross sales $; in addition, Music Boxes has xed monthly SG&A expense of $25,000 including $3,000 of depreciation expense. Ail SG&A expenses are paid in the month incurred. What is total projected cash collected in December\"? $112,500 $109,800 $ 78,300 $130,500 0000