Kiwi Company, which sells on terms 2/10, n/30, has had gross credit sales for May and June of $40,000 and $60,000, respectively. Analysis of Kiwi's operations indicates that the pattern of customers' payments on account is as follows (percentages are of total monthly credit sales):

	Receiving Discount	Beyond discount period	Totals
In month of sale	50%	20%	70%
In month following sale	15%	10%	25%
Uncollectible accounts, returns, and allowances			5%
			100%

Determine the estimated cash collected on customers' accounts in June.