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Big Wheel, Inc., collects 2 5 % of its sales on account in the month of the sale and 7 5 % in the month

Big Wheel, Inc., collects

25 %

of its sales on account in the month of the sale and

75 %

in the month following the sale. Sales on account are budgeted to be $

15, 600

for March and $

58, 300

for April.

What are the budgeted cash receipts from sales on account for April?

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