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Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $17,000 $32,000...

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Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $17,000 $32,000 $39,000 $56,000 $9,000 $12,000 $43,000 $50,000 April May June Credit collections are 5% two months following the sale, 30% in the month following the sale, and 62% in the month of sale. The remaining 3% is expected to be uncollectible. What are the total cash collections in June at Feeney Furniture? A. $22,840 B. $106,000 O C. $100,500 D. $44,500

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