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Day Timer Publishers Inc. collects 25% of its credit sales in the month of sale and 75% in the next month for sale. If credit 

Day Timer Publishers Inc. collects 25% of its credit sales in the month of sale and 75% in the next month for sale. If credit sales are budgeted to be $390,000 for April and $360,000 for May, what are the budgeted cash receipts as of the credit sales for may?

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