Question: Can you explain this general accounting question using accurate calculation methods? Bluebird Manufacturing has $180,000 in accounts receivable on March 1. Budgeted sales for March

Can you explain this general accounting question using accurate calculation methods?

Bluebird Manufacturing has $180,000 in accounts receivable on March 1. Budgeted sales for March are $720,000. Bluebird expects to sell 25% of its merchandise for cash. Of the remaining 75% of sales on account, 70% are expected to be collected in the month of sale and the remainder the following month. The March cash collections from sales are

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