Ruiz Companys budget includes the following credit sales for the current year: September, $146,000; October, $137,000; November, $121,000; December, $158,000. Credit sales are collected as follows: 10% in the month of sale, 55% in the first month after sale, and 35% in the second month after sale. How much cash can the company expect to collect in December as a result of current and past credit sales? Multiple Choice $15,800. $114,500. $158,000.