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A firm has projected sales of $ 1 2 0 , 0 0 0 for January, $ 1 1 8 , 0 0 0 for
A firm has projected sales of $ for January, $ for February, and $ for March. The firm collects in the month of sale, in the month after sale, and two months after sale. The accounts receivable balance at the end of the previous quarter was $ of which $ was uncollected December sales. What is the amount of the January collections?
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