Consider the following information for a given company:

Month	Cash Sales	Credit Sales
Jan	$80,000	$350,000*
Feb	$60,000	$200,000
Mar	$50,000	$145,000
Apr	$45,000	$130,000
May	$55,000	$170,000
Jun	$50,000	$150,000

The firms 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 1 Jan 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