Ruiz Co.'s budget includes the following credit sales for the current year: September, $164,000, October, $155.000; November, $129.000, December, $176.000 Credit sales are collected as follows: 10% in the month of sale, 60% in the first month after sale, and 30% 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 $17.600 $129,900 $101.000 $176 000 614750