The following sales budget has been prepared. All sales are credit sales. May- $30,000 June $42,000 July $36,000 August $39,000 September $45,000 Collections are 50 percent in the month of sale, 40 percent in the month following the sale, and 5 percent two months following the sale. The remaining 5 percent is expected to be uncollectible. How much cash will the company collect in September? O $39,900 $42,800 $44,500 $47,300