Wildhorse Company, a retailer of camping supplies has budgeted activity for January using the following data

Wildhorse Company. a retailer Of camping supplies has budgeted activity for January using the following data: January cash sales January credit sales Collections from Decernber credit sales Selling and administrative costs (paid in month of purchase) Depreciation expense Merchandise Inventory, January Merchandise Inventory. January 31 Cost o' goods sold iS 40% Ot Cooper's selling Ail purchases are paid in cash Credit sales are collected in the month of sale, in the following month, and is deemed uncollectible What i' Wildhorse's budgeted cash reeipts for January? Total S 559000 386000 150000 220m 200000 216.0J