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The WRT Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following sale 4%in second month

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

40% in month of sale
56% in month following sale
4%in second month following sale

The following sales have been are expected:

Expected Sales
April $150,000
May $170,000
June

$160,000

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