ABC, Inc. estimates its sales at units in the first quarter and that sales wil increase by

$2$

$0$

$,$

$0$

$0$

$0$

$$units each quarter over the year. They have, and desire, a ending inventory of finished goods. Each unit sells for $

$3$

$5$

$.$

$$ of the sales are for cash.

$7$

$0$

$\%$

$$of the credit customers pay within the quarter. The remainder is received in the quarter following sale.

Cash collections for the third quarter are budgeted at