Niles Manufacturing estimates its sales at 206,000 units in the first quarter and that sales will increase by 18,000 units each quarter over the year. They have, and desire, a 35% ending inventory of finished goods. Each unit sells for $25. 55% of the sales are for cash. 30% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at