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Please help solve this question The WRT Corporation makes collections on sales according to the following schedule: 60% in month of sale 37% in month

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The WRT Corporation makes collections on sales according to the following schedule: 60% in month of sale 37% in month following sale 3% In second month following sale The following sales have been are expected: Expected Sales April $160,000 May $170,000 June $160,000 Budgeted cash collections In June should be budgeted to be: $160,000 $163,700 O $158,900 $160.480

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