Meredith Company has completed its sales budget for the first quarter of 2014. Projected credit sales for the first four months of the year are shown below:

January	$28,000
February	$34,000
March	$43,000
April	$46,000

The company's past records show collection of credit sales as follows: 28% in the month of sale and the balance in the following month. The total cash collection from receivables in March is expected to be: