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Cheyenne Corp. had the following transactions that took place during the year: I.Recorded credit sales of $2250 II.Collected $1350 from customers III.Recorded sales returns of

Cheyenne Corp. had the following transactions that took place during the year:

I.Recorded credit sales of $2250

II.Collected $1350 from customers

III.Recorded sales returns of $450 and credited the customer's account.

What is the total effect of these transactions on free cash flow?

No Effect

Cannot be determined

Increase

Decrease

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