1 X-Tel budgets sales of $108,000 for April, $138.000 for May, and $72,000 for June Sales are 40% cash and 60% on credit All credit sales are collected in the month following the sale. Total sales for March were $11,000. Prepare a schedule of cash receipts from sales for April, May, and June 12 I points X-TEL Schedule of Cash Receipts from Sales April $ 108,000 $ 02:57.03 May 138,000 $ June 72,000 Sales Cash receipts from Total cash receipts $ 0$ 05 0