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

Estimated credit sales for August	$	180,000
Actual credit sales for July	$	135,000
Estimated collections in August for credit sales in August		20	%
Estimated collections in August for credit sales in July		75	%
Estimated collections in August for credit sales prior to July	$	14,400
Estimated write-offs in August for uncollectible credit sales	$	7,200
Estimated provision for bad debts in August for credit sales in August	$	6,300

Required:

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