ssure a company is preparing a budget for its first two months of operations. During the first and second months it expects credit sales of 2,000 and $66,000 respectively. The company expects to collect 35% of its credit sales in the month of the sale and the remaining 65% the following month. What amount of cash collections from credit sales would the company include in its cash budget for the second onth? Multiple Choice $50,400 $23,100 $37,800 Multiple Choice $50.400 $23,100 $37,800 $42.900