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June sales were $2,000, while projected sales for July and August were $8,000 and $4,000 respectively. All credit sales are collected in the month following

June sales were $2,000, while projected sales for July and August were $8,000 and $4,000 respectively. All credit sales are collected in the month following the sale. Sales are 75% credit and 25% cash. What are the total expected collections for July?

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