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help fast Wichita industries' sales are 20% cash and 80% on credit. Credit sales are collected as follows: 40% in the month of sole, 50%

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Wichita industries' sales are 20% cash and 80% on credit. Credit sales are collected as follows: 40% in the month of sole, 50% in the month following the sale, and 10% in the second month following the sale. On December 31 , the accounts recelvable balance includes $17,000 from November sales and $45,000 from December sales. Assume that total sales for January are budgeted to be $55,000. What are the expected cash recelpts for January from the current and past cales? Mutiple Choice \$6e.160 467,000 17200 sn3y00

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