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Capstone Inc. collects 15% of its sales on account in the month of the sale and 85% in the month following the sale. If sales

Capstone Inc. collects 15% of its sales on account in the month of the sale and 85% in the month following the sale. If sales on account are budgeted to be $110,000 for September and $121,000 for October, what are the budgeted cash receipts from sales on account for October?

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