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QUESTION 8 Dolittle and Dalley has $4,000 in sales for January and $5,000 in sales for February. It expects to collect 70% of its

QUESTION 8 Dolittle and Dalley has $4,000 in sales for January and $5,000 in sales for February. It expects to collect 70% of its sales in the month the sale is made. The remaining amount is expected to be collected in the following month. How much does Dolittle and Dalley expect to collect in February?

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