Cicero Manufacturing Inc Historically,the Cash Collection of Sales Has Been as Follows: 60

Multiple Choice

Cicero Manufacturing Inc.sells gloves at local ski resorts during the winter months.Each pair of gloves sells for $15.The following sales forecast (in units) has been prepared for October 2008 through March 2009:
$\begin{array}{lr}\text { October } & 500 \\\text { November } & 800 \\\text { December } & 1000 \\\text { January } & 1200 \\\text { February } & 900 \\\text { March } & 600\end{array}$
Historically,the cash collection of sales has been as follows: 60 per cent in the month of sale,35 per cent in the month following sale,and 4 per cent in the second month following sale.The remaining 1 per cent is uncollectible.
Cash receipts for January are expected to be:

A) $13 170
B) $51 975
C) $10 800
D) $16 530