Midwest Products is a wholesale distributor of leaf rakes. Thus, peak sales occur in August of each year as shown in the company's sales budget for the third quarter, given below: From past experience, the company has learned that 15% of a month's sales are collected In the month of sale, another 75% are collected In the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored. May sales totaled $406,000, and June sales totaled $510,000. Required: Prepare a schedule of expected cash collections from sales, by month and in total, for the third quarter. (Do not round intermediate calculations.)