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Warehouse corporation collects 30% of a months sales in the month of sale, 65% in...

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Accounting

Warehouse corporation collects 30% of a months sales in the month of sale, 65% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:

April budgeted sales $102910

May budgeted sales $150062

June budgeted sales $225231

July budgeted sales $179509

The amount of cash that will be collected in July is budgeted to be:

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