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PPLEASE ANSWER ALL AND EXPLAIN PLZ Concord Industries expects credit sales for January, February, and March to be $242,000,$286,000, and $330,000, respectively. It is expected

image text in transcribedPPLEASE ANSWER ALL AND EXPLAIN PLZ

Concord Industries expects credit sales for January, February, and March to be $242,000,$286,000, and $330,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month

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