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Montana Company sold merchandise with a retail price of $ 3 2 , 0 0 0 for cash. Montana Company is required to collect 8

Montana Company sold merchandise with a retail price of $

32, 000

for cash. Montana Company is required to collect

8 %

state sales tax. The total cash received from customers was:

.

29, 440 .

.

32, 000 .

.

2, 560 .

.

34, 560 .

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