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Nick & Nick Arts Company expects $45,000 of credit sales in April, $75,000 of credit sales in May, and $90,000 of credit sales in June.

Nick & Nick Arts Company expects $45,000 of credit sales in April, $75,000 of credit sales in May, and $90,000 of credit sales in June. Nick & Nick traditionally collects two-thirds of its sales in the month of the sale and the other one-third in the month after the sale. How much does Nick & Nick expect to collect in May

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