Biggar Co.'s sales in December last year were $500,000. January

sales are expected to be $600,000 and February's $900,000. All sales

are on credit.

Credit sales are normally collected in the following pattern.

50% of customers pay within the month of sale, and they get a

5% cash discount.

40% of customers pay within 30 days of the month.

10% of customers pay the month after that.

Required

Calculate the cash collections for February.