ABC Company's budgeted sales for June, July, and August are 15,600,19,600, and 17,600 units respectively. The selling price for each unit is $17. Based on past experience, ABC expects that 25% of a month's sales will be collected in the month of sale, 70% in the following month, and 2% in the second month following the sale. Required: Prepare an analysis of cash receipts from sales for ABC Company for August