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Dorian Industries' projected sales for the first four months of 2016 are given below:
Jan. $150,000
Feb. $240,000
Mar. $180,000
April $200,000
20% of sales are collected in cash at time of sale, 50% are collected in the month following the sale, and the remaining 30% are collected in the second month following the sale.
What are Dorian Industries total cash receipts for April 2016?
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