Nocioni's Management Consultants has found that only 10% of its invoiced amounts are paid in the same month that the work is completed. Sixty percent are paid in the month after the work is completed and 30% are paid in the second month after the work is completed. During December 2007, Nocioni's invoiced $200,000 to clients. Projected revenues for the first six months of 2008 are given below: Month Revenue January $180,000 February 205,000 March 220,000 April 218,000 May 230,000 June 255,000 Reference: Ref 10-2 What are the expected cash receipts for May 2008?