Sporting Life expects to have sales of $30,000 in April, $35,000 in May, and $40,000 in June. 20% of the companys sales are paid by cash and the rest are paid on credit. Of the credit sales, 70% of the credit sales is paid in the month following the sale and the other 30% are paid 2 months following the sale, what are the cash receipts for the firm in June?

		$34,800
		$23,800
		$8,000
		$26,800