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ABC, Inc. has a beginning receivables balance on January 1st of $600. Sales for January through April are $360, $390, $470 and $490, respectively. The

ABC, Inc. has a beginning receivables balance on January 1st of $600. Sales for January through April are $360, $390, $470 and $490, respectively. The accounts receivable period is 60 days. How much did the firm collect in the month of March? Assume that a year has 360 days.

$490

$470

$600

$390

$360

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