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The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale65% in month following sale5% in second month following

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

25% in month of sale65% in month following sale5% in second month following sale5% uncollectible

The following sales have been budgeted:

SalesApril$120,000May$100,000June$110,000

Budgeted cash collections in June would be:

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