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is expected to be collected in the month following the sale, 17% the second month, 6% the third month, and the balance is expected to

image text in transcribed is expected to be collected in the month following the sale, 17% the second month, 6% the third month, and the balance is expected to be uncollectible. What is the amount of cash to be collected in the month of July? Multiple Choice $49.230 $55,000 $49.806 $44,566

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