Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: Credit sales Cash sales Dee. Year 1 (Actual) $52,000 $17,000 Jan. Year 2 (Budgeted) $132,000 $ 17,000 Feb. Year 2 (Budgeted) $147,000 $ 22,000 Mar. Year 2 (Budgeted) $102,000 $ 4,000 Based on the company's collection history, 43% of credit sales are collected in month of sale, and the remainder is collected in the follow collections in January from December credit sales would be: Multiple Choice $29,640 $26,000. $22.550 Multiple Choice $29,640 $26,000 $22.550 $32.240