The following information pertains to the January operating budget for Casey Corporation. - Budgeted sales for January $205,000 and February $104.000. Collections for sales are 40% in the month of sale and 60% the next month. . Gross margin is 25% of sales Administrative costs are $18,000 each month. Beginning accounts receivable is $24,000. Beginning inventory is $21,000 Beginning accounts payable is $65,000. (All from inventory purchases.) Purchases are paid in full the following month Desired ending inventory is 20% of next month's cost of goods sold (COGS). At the end of January, budgeted accounts receivable from January sales is A. $82,000 B. $123,000 C. $62,400 D. $99,600 Click to select your