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The BRS Corporation makes collections on sales according to the following schedule: 25% in month of sale 71% in month following sale 4% in second

The BRS Corporation makes collections on sales according to the following schedule:

25% in month of sale
71% in month following sale
4% in second month following sale

The following sales have been budgeted:

Sales
April $ 180,000
May $ 110,000
June $ 100,000

Budgeted cash collections in June would be:

Garrison 16e Rechecks 2017-09-30

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