41) Drew Enterprises reports all its sales on credit, and pays operating costs in the month incurred. Estimated amounts for the months of June through October are:
June July August September October
Budgeted sales $310,000$330,000$300,000$280,000$260,000
$144,000 $120,000 $128,000 $132,000 $90,000
Customer amounts on account are collected 60% in the month of sale and 40% in the following month.
Cost of goods sold is 45% of sales.
Drew purchases and pays for merchandise 30% in the month of acquisition and 70% in the following month.
How much cash is budgeted to be received during August?