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Waterway Industries reported the following information for 2016: October November December Budgeted sales $1020000 $950000 $1160000 All sales are on credit. Customer amounts on account

Waterway Industries reported the following information for 2016: October November December Budgeted sales $1020000 $950000 $1160000 All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much is the November 30, 2016 budgeted Accounts Receivable?

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