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Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cissh sales of 520000 and 540.000. respectively. it also expects credit sales of $50.000 and $60.000, respectively. The company expects to collect 40 of of its credit sales in the month of the sale, 555 in the following month, and 5% is deemed uncollectible, What amount of cash collections would appear in the company's carh budget for the first month? Mistole choice 350000 fromen buabon sinng0