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Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second
Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end of 2017 and the beginning of 2018: November 2017 $60,000, December 2017 50,000, January 2018 35,000, February 2018 40,000, March 2018 45,000.
What are the total payments for January through March?
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