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June sales were $3,000 while projected sales for July and August were $8,300 and $4,000, respectively. All credit sales are collected in the month following

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June sales were $3,000 while projected sales for July and August were $8,300 and $4,000, respectively. All credit sales are collected in the month following the sate. Sales are 65% credit and 35% cash. What are the total expected collections for July? 54855 56445 56.255 55,505

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