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Blue Spruce Corp. significantly reduced its requirements for credit sales. As a result, sales during the current year increased dramatically. It had receivables at the

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Blue Spruce Corp. significantly reduced its requirements for credit sales. As a result, sales during the current year increased dramatically. It had receivables at the beginning of the year of $41,800 and ending receivables of $183,000. Credit sales were $344,900. Determine cash collections during the period Cash Collections during the period s

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