Shown below data about four quarters of 2020 budget for X Company: Second quarter Third quarter First quarter Estimated sales 8000 units 2021 7000 5000 8000 4000 Fourth quarter 5000 Selling price 8$ per unit -Assume that 60% of sales is collected in the quarter of sale, and 40% is collected in the next quarter. Receivable at 1/1/2020 was $4000. the expected cash collection from customers for second quarter would be: O A. $49000 O B. $59400 O C. $49600 O D. none of the above