The following is the sales budget for Uptown Rentals, Inc. for the first quarter of 2013:

	January	February	March
Sales budget	$136,000	$148,000	$153,000

Credit sales are collected as follows: 60 percent in the month of sale 32 percent in the month after the sale 8 percent in the second month after the sale The accounts receivable balance at the end of the previous quarter was $87,040 ($73,600 of which was uncollected December sales). How much did the firm collect in the month of February?