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Plant Mart has a beginning receivables balance on February 1 of $1648. Sales for February through May are $2670, $2940, $3280, and $4450, respectively. The
Plant Mart has a beginning receivables balance on February 1 of $1648. Sales for February through May are $2670, $2940, $3280, and $4450, respectively. The accounts receivable period is 15 days. What is the amount of the April collections? Assume a year has 360 days.
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