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A company is preparing its cash budget. Expected Sales: $ 1 6 , 5 0 0 in January $ 2 5 , 0 0 0

A company is preparing its cash budget.
Expected Sales:
$16,500 in January
$25,000 in February
$48,000 in March
15% of sales are for cash
73% are credit sales paid in the month after the sale
12% are credit sales paid 2 months after the sale
What the expected cash receipts for March?

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