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Dolphins, Inc., has the following estimated quarterly sales for next year. The accounts receivable period is 60 days. What is the expected accounts receivable balance

Dolphins, Inc., has the following estimated quarterly sales for next year. The accounts receivable period is 60 days. What is the expected accounts receivable balance at the end of the fourth quarter? Assume that each month has 30 days.

Sales

Q1 - 1300

Q2 - 1500

Q3 - 1300

Q4 -1900

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