Consider the following information for a given company: Month Cash Sales Jan $80,000 Feb $60,000 Mar $50,000 Credit Sales $350,000 $200,000 $145,000 $130,000 $45,000 Apr May $55,000 $170,000 Jun $50,000 $150,000 The firm's collection pattern is as follows: 60% in the month of sale 30% one month following sale 10% two months following sale The accounts receivable balance on 1an is $70,000. Of this amount $60,000 represents uncollected Dec sales and $10,000 represents uncollected Nov sales. Required: Determine the total cash collected during Jan. (INPUT YOUR ANSWER IN THOUSANDS USING A COMMA SEPARATOR. NO ROUNDING REQUIRED. FOR EXAMPLE: 100.0001