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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 $310000 February 166000 March 490000 The cash inflow in the month of March is expected to be a. $343800. b. $359300. c. $294000. d. $240300.

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