ABC Company's budgeted sales for June, July, and August are $12,800,16,800,$ and $14,800$ units respectively. The selling price for each unit is $$15.$ Based on past experience, ABC expects that $30\%$ of a month's sales will be collected in the month of sale, $60\%$ in the following month, and $7\%$ in the second month following the sale.

Required:

Prepare an analysis of cash receipts from sales for ABC Company for August.

$\backslash$table$[[,$June,July,August$],[$Budgeted sales units$],[$Unit selling price$],[$Budgeted sales revenue$],[$August collections:$],[$Current month's sales$],[$Prior month's sales$],[$Second prior month's sales$],[$Total collections,,,$]]$