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Sugar Pine Inc. collects 3 0 % of its sales in the month of sale and the other 7 0 % in the following month.

Sugar Pine Inc. collects 30% of its sales in the month of sale and the other 70% in the following month. The following shows budgeted sales for January through March.
January $250,000
February $325,000
March $387,500
What is the amount of cash receipts budgeted for February?
$302,500
$272,500
$271,250
$97,500
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