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Ajax Corporation estimates that for credit sales, 2 0 % of cash is received in the month of sale; 6 0 % in the month
Ajax Corporation estimates that for credit sales, of cash is received in the month of sale; in the month after the sale, and second month after the sale. The remainder is never collected. Ajax had credit sales of $ in January; $ in February, and $ in March. Given the following information, determine the cash collections for March.
A $
B $
C $
D $
E $
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