Question: May you please answer this question showing your steps! 10. Use the data below from a company's sales for January to April to get a
May you please answer this question showing your steps!

10. Use the data below from a company's sales for January to April to get a forecast for the collection forecast, including cash sales, for April: Month Sales January $220,000 February 140,000 March 150,000 April 140,000 Of the sales above, 30% are for cash and 70% are for credit. Of the credit sales, 58% are collected one month later, 32% are collected two month later, and 10% are collected three months later. What is the collection forecast for April
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