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Blue Spruce Industries expects credit sales for January, February, and March to be $199,600, $247,100, and $298,100, respectively. It
is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Calculate cash
collections from customers for each month.
BLUE SPRUCE INDUSTRIES
Schedule of Expected Collections
Collections by Month
January
February
March
Total Collections
Sales
Jan
Feb
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