McFarland Company makes 70 percent of its sales in cash. Credit sales are collected as follows: 70 percent in the month of sale and 30 percent in the month following the sale. McFarland's budgeted soles for upcoming months follow June July August September Required: $ 24,500 45,000 43,000 41,000 Compute McFarland's expected cash receipts for August Budgeted Cash Receipts