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Right Wing Company's sales for the next three months are as follows: February $130,000 March...

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Accounting

Right Wing Company's sales for the next three months are as follows:

February $130,000 March $170,000 April $200,000

Collection history for the company indicates that 60% of sales are collected in the month of the sale, 36% is collected in the following month, and 4% of sales are uncollectible. How much are budgeted cash receipts for April?

$181,200

$186,400

$120,000

$222,000

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