A corporation collects 40% of a month's sales in the month of sale, 55% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are: |April budgeted sales $53,075 May budgeted sales $75,144 June budgeted sales $111,203 July budgeted sales $85,948 The amount of cash that will be collected in July is budgeted to be: (Enter your answer rounded to the nearest dollar. Do not round any intermediate calculations)