A company plans to have sales of €20,000 in January, €30,000 in February, and €40,000 in March. Cash sales are expected to be 20 percent of the total and the remaining sales are sold on account and collected the month after the sales. Accounts receivable are €25,000 at the beginning of January.

How much cash from sales and the collection of accounts receivable are expected in January, February, and March?