The Ballentine Company expects sales for June, July, and August of $63,000, $69,000, and $59,000, respectively. Experience suggests that 40% of sales are cash and 60% credit. The company collects 55% of its sales on credit in the month following the sale, 40% in the second month following the sale, and 5% is not collected. 

What are the company's expected cash receipts for August from its current and past sales?