Cooper Company, a retailer of camping supplies has budgeted activity for January using the following data:

January cash sales	$ 50,000
January credit Sales	380,000
Collections from December credit sales	150,000
Selling and administrative costs (paid in month of purchase)	50,000
Depreciation expense	25,000
Merchandise Inventory, January 1	200,000
Merchandise Inventory, January 31	210,000
Cost of goods sold is 40% of Coopers selling price
All purchases are paid in cash
Credit sales are collected 60% in the month of sale, 35% in the following month, and 5% is deemed uncollectible

What is Coopers budgeted cash receipts for January?