Liverpool Ltds sales are all on account to customers. The companys collection pattern is: 50% collected in the month of sale; 35% collected in the month following sale; 10% in the second month following sale; and the remaining 5% is uncollectible. The accounts receivable balance on July 31 was $30,000, all of which was collectible. The cash balance at the beginning of August was $21,000. Forecasted sales information follows:

Forecasted sales for April	$110,000
Forecasted sales for May	130,000
Forecasted sales for June	90,000
Forecasted sales for July	100,000
Forecasted sales for August	120,000

Instructions

Determine the amount of cash to be collected during the month of July.