June Sales Were $33,000,while Projected Sales for July and August

Multiple Choice

June sales were $33,000,while projected sales for July and August were $45,000 and $69,000,respectively.Sales are 40% cash and 60% credit.All credit sales are collected in the month following the sale.Calculate expected collections for July.

A) $19,800
B) $37,800
C) $18,000
D) $40,200