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Optimum Industries collects 35% of its sales on account in the month of the sale, and 65% in the month following the sale. Sales on

Optimum Industries collects 35% of its sales on account in the month of the sale, and 65% in the month following the sale. Sales on account are budgeted to be $175,000 for May and $220,000 for June. What are the budgeted cash receipts from sales on account for June? (Show all work)

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