McFarland Company makes 60 percent of its sales in cash. Credit sales are collected as follows: 60 percent in the month of sale and 40 percent in the month following the sale. McFarland's budgeted sales for upcoming months follow: June 5 23,100 July 31,000 August 29,000 September 27,000 Required: Compute McFarland's expected cash receipts for August. Answer is complete but not entirely correct. Budgeted Cash Receipts 28.840