Baltimore Products is preparing a Scheduled of Cash Collections for its Master Budget. The sales levels are as follows: June sales were $50,000. July sales are expected to be $40,000. August sales are expected to be $70,000. September sales are expected to be $100,000, 40% of a month's sales are collected in the month of the sale. 60% is collected in the month following the sale. What would be the amount of expected Cash Collections for August? $46,000 550.000 $30.000 S52.000