The LaGrange Corporation had the following budgeted sales for the first half of the current year: January February March April May June Cash Credit Sales Sales $50,000 $150,000 $55,000 $170,000 $34,000 $130,000 $29,000 $114,000 $39,000 $200,000 $80,000 $ 80,000 The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on sales: 40% in month of sale 30% in month following sale 30% in second month following sale The accounts receivable balance on January 1 of the current year was $65,000, of which $54,000 represents uncollected December sales and $11,000 represents uncollected November sales. The total cash collected during January by LaGrange Corporation would be