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ABC, Incorporated, has a beginning receivables balance on January 1st of $540. Sales for January through April are $300, $330, $410 and $430, respectively. The

ABC, Incorporated, has a beginning receivables balance on January 1st of $540. Sales for January through April are $300, $330, $410 and $430, respectively. The accounts receivable period is 60 days. How much did the firm collect in the month of March? Assume 365 days per year.

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