McDavid Company has completed its sales budget for the first quarter of next year. Projected credit sales for the first four months of the next year are shown below:

January $30,000 February $36,000 March $45,000 April $48,000

The company's past records show collection of credit sales as follows: 30% in the month of sale and the balance in the following month. The total cash collection from receivables in February is expected to be