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Current Attempt in Progress Sandhill Company has credit sales of $588,000 in January. Past...

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Accounting

Current Attempt in Progress
Sandhill Company has credit sales of $588,000 in January. Past experience suggests that 40% is collected in the month of sale, 50% in
the month following the sale, and 10% in the second month following the sale. Compute the cash collections from January sales in
January, February, and March.
Cash collections
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