Nassau Products is preparing a cash budget for April. The following information on accounts receivable collections is available from past collection experience: Percent of current months sales collected this month 25 %, Percent of prior months sales collected this month 62%, Percent of sales two months prior to current month collected this month 7%, Percent of sales three months prior to current month collected this month 4%, The remaining 2 percent is not collected and is written off as bad debts. Credit sales to date are: April-estimated $ 240,000, March 216,000, February 180,000, January 214,000.

Required: What are the estimated cash receipts from accounts receivable collections in April?