S&T Company has prepared the following list of actual sales for the last two months of...

 

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S&T Company has prepared the following list of actual sales for the last two months of the previous year and estimated sales for the first three months of the current year: November $500,000 December $700,000 January $650,000 February $480,000 March $540,000 All sales are on credit. S&T's collection history is as follows: 30% in the month of the sale 50% one month following the sale 15% two months following the sale 5% uncollectible What are S&T's estimated collections for February? Enter your answer as a whole number. Do not include dollar signs, commas, etc. in your answer. S&T Company has prepared the following list of actual sales for the last two months of the previous year and estimated sales for the first three months of the current year: November $500,000 December $700,000 January $650,000 February $480,000 March $540,000 All sales are on credit. S&T's collection history is as follows: 30% in the month of the sale 50% one month following the sale 15% two months following the sale 5% uncollectible What are S&T's estimated collections for February? Enter your answer as a whole number. Do not include dollar signs, commas, etc. in your answer.

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