boone co.'s sales, based on past experience, are 20% cash and 80% credit. credit sales are typically collected as follows: 40% in the month of sale, 50% in the month after the sale, and 10% in the second month following month of sale. on december 31, the accounts receivable balance is $54,000, of which $12,000 is from november sales. total sales for january and february are budgeted to be $100,000 and $120,000, respectively.what are boone co.'s budgeted cash receipts for january?