16 Skipped X-Tel budgets sales of $70,000 for April, $105,000 for May, and $100,000 for June. Sales are 60% cash and 40% on credit. All credit sales are collected in the month following the sale. Total sales for March were $14,000. Prepare a schedule of cash receipts from sales for April, May, and June eBook Sales Cash receipts from: Total cash receipts X-TEL Schedule of Cash Receipts from Sales April May June $ 70,000 $ 105,000 $ 100,000 0 0 0