The Johann's Professional Service Company expects 80% of sales for cash and 20% on credit. The company collects 80% of its credit sales in the month following sale, 15% in the second month following sale, and 5% are not collected (that is, they are "bad debts"). Expected sales for June, July, and August are $55,000, $61,000, and $51,000, respectively. What are the company's expected total cash receipts in August?