Billings Rail Company’s sales for the next five months are as follows: February $175,000 March $160,000 April $145,000 May $135,000 June $130,000 Collection history for the company indicates that 50% of sales are collected in the month of the sale, 30% is collected in the following month, 10% is collected two months later and 10% is uncollectible. How much are total budgeted cash receipts for the second quarter?