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Mason manufacturing expects sales of $100,000 in the first quarter and $140,000 in the second quarter. The company collects 70% of sales in the quarter

Mason manufacturing expects sales of $100,000 in the first quarter and $140,000 in the second quarter. The company collects 70% of sales in the quarter sold and 3-% in the subsequent quarter. What are expected cash collections in the second quarter?

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