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Question - ABC Company has the following projected sales:
Month
Sales
Jan
$5,000
Feb
$9,172
Mar
$13,754
Apr
$20,339
26% of the sales are collected in the same month. 18% of the sales are collected after one month, 17% of the sales are collected after two months, and the remainder are collected after three month. What is the amount of the April collections?
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