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Kayak Company budgeted the following cash receipts ( excluding cash receipts from loans received ) and cash payments ( excluding cash payments for loan principal

Kayak Company budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year. (Click on the Graded Worksheet Tab below.)
\table[[,Cash Receipts,Cash payments],[lanuary,$525,000,$475,000
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