Rudd Company has budgeted sales revenue as follows for the next 4 months:

February		$300,000
March		240.000
April		210,000
Can		330.000

Past experience indicates that 80% of sales each month are on credit and that credit sales are collected as follows: 60% in the month of sale, 35% in the month following the sale. sale and 3% in the second month following the sale. The other 2% is uncollectible.

Prepare a table showing the expected cash receipts from sales for the month of May.