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April $ 30,000 May June Quarter $ 30,000 Accounts rec. - 3/31 April sales 70% $200,000 25% x $200,000 140,000 $ 50,000 140,000 50,000 Total

April $ 30,000 May June Quarter $ 30,000 Accounts rec. - 3/31 April sales 70% $200,000 25% x $200,000 140,000 $ 50,000 140,000 50,000 Total cash collections $ 170,000

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