Assume a company is preparing a budget for its first two months of operations.

During the first and second months it expects cash sales of $$38,500$ and $$42,500,$ respectively.

It also expects credit sales of $$58,500$ and $$68,500,$ respectively

The company expects to collect $30\%$ of its credit sales in the month of the sale, $65\%$ in the following month, and $5\%$ is deemed uncollectible.

What amount of cash collections would appear in the company$$s cash budget for the second month?