Halifax Shoes has 34% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $69,551 in June, $60,961 in July, and $69,360 in August? Round to the nearest penny, two decimal places. (show your work)