The Ridgewood Antique Mall budgeted credit sales in the first quarter of 2018 to be as follows:

January		$141,000
February		150,000
March		160,000

Credit sales in December 2017 are expected to be $194,000. The company expects to collect 95 percent of a months sales in the month of sale and 5 percent in the following month. Estimate cash receipts for each month of the first quarter of 2018.

Collection of credit sales	January		February		March
Collection of December sales	$		$		$
Collection of January sales
Collection of February sales
Collection of March sales
	$		$		$