Seved Hep Sen Page Company makes 30% of its sales for cash and 70% on account. 60% of the credit sales are collected in the month of sale 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following information has been gathered for Page's first year of operations: Month Total sales 1 2 3 4 $98,000 $108,000 $88,000 $68,000 Total cash receipts in Month 3 will be: Multiple Choice $87,470. $85,000 $88,600 Nerd $90,492. 5 of 25