Sales Purchases December $14,000 $7,000 a. $10,000 b. $11,000 c. $ 8,000 d. $11,600 e. $12,000 Jumbotron Data January $10,000 $8,700 February $12,000 $6,600 March $8,000 $6,000 The firm collects its receivables in 15 days and pays its payables in 20 days. All sales and purchases are on credit. All months have 30 days. What were Jumbotron's cash collections in January?

The firm collects its receivables in 15 days and pays its payables in 20 days. All sales and purchases are on credit. All months have 30 days. What were Jumbotron's cash collections in January? a. $10,000 b. $11,000 c. $8,000 d. $11,600 e. $12,000