The Handley Antique Mall budgeted credit sales in the first quarter of 2021 to be as follows:

January		$195,200
February		207,400
March		221,200

Credit sales in December 2020 are expected to be $244,000. The company expects to collect 75 percent of a months sales in the month of sale and 25 percent in the following month. Estimate cash receipts for each month of the first quarter of 2021.

Collection of credit sales	January		February		March
Collection of December sales	$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Collection of January sales	enter a dollar amount		enter a dollar amount		enter a dollar amount
Collection of February sales	enter a dollar amount		enter a dollar amount		enter a dollar amount
Collection of March sales	enter a dollar amount		enter a dollar amount		enter a dollar amount
	$enter a total dollar amount		$enter a total dollar amount		$enter a total dollar amount