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Trumbull Company budgeted sales on account of $120,000 for July, $211,000 for August, and $198,000 for September. Collection experience indicates that 60 percent of the budgeted sales will be collected the month after the sale, 36 percent the second month, and 4 percent will be uncollectible. The cash receipts from accounts receivable that should be budgeted for September would be:
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