art 4(20 minutes) Che following data are available from Xpot Products for the 2nd quarter of 2022 : 1. On April 1, the start of the quarter, the company had a assh balance of $6,000. Accounts receivable on April 1 totaled $31,500 of which $29,500 vill be cottected during April an $1,600 will be collected during May. The remainder will be uncollectible. May 2. Past experience shows that 25% of a morth's sales are collected in the month of sale, 70% in the month following sale, and a 4% in the second month following sale. Budgeted sales and expenses for the second quarter follow: payable for merchandise purchases on March 31 , which will be paid during April, totaled (930,000) Required: b. Prepare a schedule of budgeted cash pavments for April, and May 2022. Estirnaled payment for Hay