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Sales have been budgeted as: $120,000 April $100,000 May $110,000 June The collections on sales is scheduled as follows: 25% in the month of the

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Sales have been budgeted as: $120,000 April $100,000 May $110,000 June The collections on sales is scheduled as follows: 25% in the month of the sale 65% in the month following the sale 5% in the second month following the sale 5% uncollectible What is the total budgeted cash collections for June? TYPE YOUR ANSWER WITHOUT DOLLAR SIGNS OR DECIMALS

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