Cash sales of a firm are 20% of total sales revenue with the remainder on credit. Credit sales are settled as follows: 30% in the month of sales net of 5% settlement discount 70% in the month after sales The following sales revenues are budgeted for the next two months: Month $ 1 75,000 2 60,000 Cash customers do not receive a discount. What amount will be budgeted to be received from customers in month 2?