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Sales are normally collected 60% in the month of sale and 40% in the month following the sale. Based on this information, how much cash

Sales are normally collected 60% in the month of sale and 40% in the month following the sale. Based on this information, how much cash should Sioux expect to collect during the month of April?

$222,000

$119,000

$370,000

$358,000

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