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The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following sale 10% in second

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

25% in month of sale

65% in month following sale

10% in second month following sale

The following sales have been budgeted:

Sales

April $120,000

May $100,000

June $110,000

What would budgeted cash collections in June be?

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