The LaGrange Corporation had the following budgeted sales for the first half of the current year:

		Cash Sales		Credit Sales
January	$	60,000	$	160,000
February	$	65,000	$	180,000
March	$	50,000	$	140,000
April	$	45,000	$	130,000
May	$	55,000	$	210,000
June	$	90,000	$	240,000

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:

45% in month of sale

35% in month following sale

20% in second month following sale

The accounts receivable balance on January 1 of the current year was $85,000, of which $55,000 represents uncollected December sales and $30,000 represents uncollected November sales.

The total cash collected during January by LaGrange Corporation would be: