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Dane Inc. has forecast purchases on account to be $310,000 in March, $371,000 in April, $428,000 in May, and $490,000 in June. Sixty five percent
Dane Inc. has forecast purchases on account to be $310,000 in March, $371,000 in April, $428,000 in May, and $490,000 in June. Sixty five percent of purchases are paid for in the month of purchase, the remaining 35% are paid in the following month. What are budgeted cash payments for April?
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