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Information pertaining to Collection Corporation's sales revenue is presented below: remainder paid in the month following the month of purchase. Purchase costs are approximately 50%

image text in transcribed Information pertaining to Collection Corporation's sales revenue is presented below: remainder paid in the month following the month of purchase. Purchase costs are approximately 50% of the selling prices. Budgeted January cash payments for December inventory purchases by Collection Corporation are: Multiple Choice $39,290. $57,700. $157,160. $230,800. $269,684

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