Tracy Corp. expects sales of $30,000, $36,000 and $40,000 for the months of January, February and March respectively. Historically, 60% of credit customers pay in the month of sale, 30% in the month following the month of sale, and 10% in the second month following sale.

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The Answer of Tracy Corp. expects sales of $30,000, $36,000 and $40,000 for the months of January, February and March respectively. Historically, 60% of credit customers pay in the month of sale, 30% in the month following the month of sale, and 10% in the second month following sale.