Sales on account for the first two months of the current year are budgeted as follows. $ 800,00e0 888,000 January February All sales are made on terms of 2/10, n/30 (2 percent discount if paid in 10 days, full amount by 30 days); collections on accounts receivable are typically made as follows. ces C collections within the month of sale: 70% 10 Within discount period After discount period Collections within the month following sale: 12 Within discount period After discount period Returns, allowances, and uncollectibles 100% Total Compute the estimated cosh collections on accounts receivable for the nionth of February