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Exercise 8 - 1 ( Algo ) Schedule of Expected Cash Collections [ LO 8 - 2 ] Silver Company makes a product that is

Exercise 8-1(Algo) Schedule of Expected Cash Collections [LO8-2]
Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below:
\table[[,April,May,June,Total],[Budgeted sales (all on account),$390,000,$590,000,$230,000,$1,210,000
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