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Dell Corp. has the following sales collections schedule: 50% in month of sale 25% in month following sale 25% in second month following sale The

Dell Corp. has the following sales collections schedule:

50% in month of sale

25% in month following sale

25% in second month following sale

The following sales have been budgeted: April 120,000; May 100,000; June 140,000 All sales are on account. Budgeted cash collections in June would be:

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