*Of This Balance, $35,000 Will Be Collected in January and the Remaining

*Of this balance, $35,000 will be collected in January and the remaining amount will be collected in February. The monthly expense figures include $5,000 of depreciation.The expenses are paid in the month incurred. Morgan's budgeted cash receipts in February are:

A) $91,000.
B) $95,000.
C) $113,090.
D) $113,640.
E) $114,000.