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A company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5%

A company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale; the remainder is never collected. Budgeted credit sales were:

January $440000
February 296000
March 620000

The cash inflow in the month of March is expected to be

$372000.

$482800.

$460800.

$415800.

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