The cash sale history of JAM Bikes Inc had actual credit sales of $250,000 for March; $300,000 for April; and forecast $180,000 for May. Credit sales are normally settled by department stores in the following pattern: 50% in the month of sale, 40% in the month after the sale and 10% in the 3rd month after the sale. Calculate JAM Bikes estimated cash received from credit sales during the month of May.

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