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Hernandez Company expects credit sales for January to be $ 5 2 , 0 0 0 . Cash sales are expected to be $ 3
Hernandez Company expects credit sales for January to be $ Cash sales are expected to be $ The compan expects credit and cash sales to increase for the month of February. Credit sales are collected in the month following ti month in which sales are made. Based on this information, the amount of cash collections in February would be:
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