Minot Corporation is preparing its cash budget for August. The following information is available concerning its accounts receivable:

Estimated credit sales for August	$270,000
Actual credit sales for July	$207,000
Estimated collections in August for credit sales in August	25%
Estimated collection in August for credit sales in July	70%
Estimated collections in August for credit sales prior to July	$23,000
Estimated write-offs in August for uncollectible credit sales	$8,000
Estimated provision for bad debts in August for credit sales in August	$9,800

Required:

What is the estimated amount of cash receipts from accounts receivable collections in August?