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XYZ Corporation expects the following sales for the next three months: Month 1 - $ 5 0 0 , 0 0 0 , Month 2

XYZ Corporation expects the following sales for the next three months: Month 1- $500,000, Month 2- $600,000, Month 3- $700,000. The company's collection pattern is 60% in the month of sale, 30% in the following month, and 10% two months after the sale. What are the expected cash collections for Month 2?
a. $510,000
b. $570,000
c. $600,000
d. $630,000

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