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McFarland Company makes 6 0 percent of its sales in cash. Credit sales are collected as follows: 6 0 percent in the month of sale

McFarland Company makes 60 percent of its sales in cash. Credit sales are collected as follows: 60 percent in the month of sale and 40 percent in the month following the sale.
McFarland's budgeted sales for upcoming months follow:
\table[[June,$24,000
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