The Ballentine Company expects sales for June, July, and August of $67000, $73,000, and $63,000, respectively Experience suggests that 40 % of sales are for cash and 60 % are on credit. The company collects 55% of its credit sales in the month following sale, 40% in the second month following sale, and 5% are not collected. What are the company's expected cashe receipts for August from its current and past sales? Mutiple Choice $40,170 $65.370 $84.000 $92150 $120800