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Liza's budgets sales of $ 4 4 , 0 0 0 for May and $ 6 1 , 0 0 0 for June. Assume 7

Liza's budgets sales of $44,000 for May and $61,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit
sales; credit customers pay the entire amount owed in the month following the sale.
Prepare the schedule of cash receipts from sales for June.
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