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XYZ Inc expects sales of $150,000 in the first quarter. And $210,000 in the second quarter. The company collects 80% of sales in the quarter

XYZ Inc expects sales of $150,000 in the first quarter. And $210,000 in the second quarter. The company collects 80% of sales in the quarter sold and 20% in the subsequent quarter. What are the expected cash collections in the second quarter

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