Miller Corporation has the following sales budget for the third quarter of 2021:

MonthSales

July$400,000

August$320,000

September$500,000

Historically, the following trend has been established regarding cash collection of sales:

60 percent of sales are paid in month of sale

35 percent of sales are paid in month following the sale

5 percent of sales are uncollectible and are written off in the month following the sale

The expected total cash receipts for the month of September is: