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June sales were $4,000 while projected sales for July and August were $8,200 and $5,000, respectively. All credit sales are collected in the month following

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June sales were $4,000 while projected sales for July and August were $8,200 and $5,000, respectively. All credit sales are collected in the month following the sale. Sales are 65% credit and 35% cash. What are the total expected collections for July? O A. $7,220 OB. $6,730 OC. $5,470 OD. $6,120

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