Question 19 2 points Ithan Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 20 percent of total sales each month. Historically, credit sales have been collected as follows: 60 percent in the month of the sale, 30 percent in the month after the sale, and the remaining 10 percent two months after the sale. Gross sales for the quarter are projected as follows: January, $30,000; February, $34,480; and March, $30,000. Accounts receivable on December 31 were $10,000. Ithan's expected cash collections for February would be: Round your answers UP to the next highest whole number. You do not need to report decimal points. The grading system allows for a tolerance. Do not add any symbols (dollar signs, commas, etc.). Blackboard will add a comma to your response, if necessary.