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X-Tel budgets sales of $56,000 for April, $96,000 for May, and $60,000 for June. Sales are 40% cash and 60% on credit. All credit sales

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X-Tel budgets sales of $56,000 for April, $96,000 for May, and $60,000 for June. Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were $12.000. Prepare a schedule of cash receipts from sales for April, May. and June

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