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X-Tel budgets sales of $90,000 for April, $140,000 for May, and $70,000 for June. Sales are 60% cash and 40% on credit. All credit sales

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X-Tel budgets sales of $90,000 for April, $140,000 for May, and $70,000 for June. Sales are 60% cash and 40% 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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