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As of January 1 of the current year, the Crackle Company had accounts receivables of $50,000. The sales for January, February, and March were as

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As of January 1 of the current year, the Crackle Company had accounts receivables of $50,000. The sales for January, February, and March were as follows: $120,000 $140.000, and $150,000, respectively, of each month's sales 20% are for cash. Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with the remaining 40% collected in the following mooth. What is the total cash collected (both from accounts receivable and for cash sales) in the month of February a. $129.600 b. $62,400 C. $133,600 d. $91,200

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