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June sales were $40.000, while projected sales for July and August were $53,000 and $66.000, respectively, Sales are 60% cash and 40% credit. All credit

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June sales were $40.000, while projected sales for July and August were $53,000 and $66.000, respectively, Sales are 60% cash and 40% credit. All credit sales are collected in the month following the sale. Calculate expected collections for July O A $45,200 B. $47,800 OC $31,800 OD $10,000

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