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June sales were $5,000 while projected sales for July and August were $8,400 and $2,000 , respectively. All credit sales are collected in the month

June sales were $5,000 while projected sales for July and August were $8,400 and $2,000, 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 forJuly?

A.

$6,350

B.

$7,550

C.

$3,600

D.

$ 5,850

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