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You plan on starting a lawn mowing business by investing $700 of your own money and purchasing $500 of equipment. You plan to work 260

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You plan on starting a lawn mowing business by investing $700 of your own money and purchasing $500 of equipment. You plan to work 260 hours in your first month and 90 hours in your second month of business. You charge your customers $21 per hour, Your anticipated costs include: You plan on collecting 90% of your sales in the month you mow the lawn and the remainder in the following month. Calculate the accounts recelvable balance at the end of your first month of business

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