Winnipeg sales are all on account to customers. The company's collection pattern is: 50% collected in the month of sale; 35% collected in the month following sale; 10% in the second month following sale; and the remaining 5% is uncollectible. The accounts receivable balance on July 31 was $30,000, all of which was collectible. The cash balance at the beginning of August was $21,000. Forecasted sales information follows: Forecasted sales for April Forecasted sales for May Forecasted sales for June Forecasted sales for July Forecasted sales for August Instructions $110,000 130,000 90,000 100,000 120,000 Determine the amount of cash to be collected during the month of July