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5. A firm reported actual sales of $65,000 in June and $70,000 in July. The sales forecasts indicate that sales are expected to be $85,000,

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5. A firm reported actual sales of $65,000 in June and $70,000 in July. The sales forecasts indicate that sales are expected to be $85,000, $92,000, and $95,750 for August, September, and October, respectively. Sales are 60% cash and 40% credit, and credit sales are collected evenly over the following two months. No other cash receipts were received. What are the firm's expected cash receipts for August, September, and October

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