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Starving Artists Unlimited budgeted sales for January, February, and March of $105,000, $85,000, and $90,000, respectively. Sixty (60%) percent of sales are on credit. The

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Starving Artists Unlimited budgeted sales for January, February, and March of $105,000, $85,000, and $90,000, respectively. Sixty (60%) percent of sales are on credit. The company collects 80% of its credit sales in the month following sale, and 20% in the second month following sale. What are Starving Artist's expected cash receipts for March related to all current and past sales? Must show your work to receive credit. Edit Format Table 12pt V Paragraph ~ B I U A & V Tv . 0

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