Question: 1 1 . ABC, Incorporated, has a beginning receivables balance on January 1 st of $ 6 9 0 . Sales for January through April

11. ABC, Incorporated, has a beginning receivables balance on January 1st of $690. Sales for January through April are $450, $480, $560 and $580, respectively. The accounts receivable period is 60 days. How much did the firm collect in the month of March? Assume 365 days per year.

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