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? Total January collections $______.