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Sacrolotion Co.s sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the following month. November
Sacrolotion Co.s sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the following month. November sales were $52,500, and December sales were $84,000. If total sales for January are budgeted to be $50,000, what are the expected cash receipts for January?
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