In a recent study, a group of 120 students was surveyed about their spending habits. The survey found that 30% of the students spent more than $50 on entertainment each month. Additionally, 25% of the students reported spending between $30 and $50, while the remaining students spent less than $30 monthly on entertainment. If there was an increase of 20% in the number of students spending more than $50, how many students now spend more than $50 on entertainment?