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Tara Company has the following historical collection pattern for its credit sales: 7 0 % collected in month of sale 1 5 % collected in

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Tara Company has the following historical collection pattern for its credit sales:
70% collected in month of sale
15% collected in the first month after sale
10% collected in the second month after sale
4% collected in the third month after sale
1% uncollectible
Budgeted credit sales for the last six months of 20x1 follow.
\table[[July,$30,000
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