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The following is the sales budget for Segura, Inc., for the first quarter of 2010:JanuaryFebruaryMarch Sales budget$133,000$150,000$165,000——————————————————————————–Credit sales are collected as follows:65 percent in the month of the sale20 percent in the month after the sale15 percent in the second month after the saleThe accounts receivable balance at the end of the previous quarter was $93,750 ($68,250 of which was uncollected December sales).Required:(a)Compute the sales for November.
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