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Blue Spruce Industries expects credit sales for January, February, and March to be $199,600,$247,100, and $298,100, respectively. It is expected that 75% of the sales
Blue Spruce Industries expects credit sales for January, February, and March to be $199,600,$247,100, and $298,100, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Calculate cash collections from customers for each month
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