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Bonita/Neff, Ltd. personalizes scrapbooks for customers, using their digital photographs. Each scrapbook selis for $40. Bonita/Neff collects cash at the time of 5a le from

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Bonita/Neff, Ltd. personalizes scrapbooks for customers, using their digital photographs. Each scrapbook selis for $40. Bonita/Neff collects cash at the time of 5a le from 30% of customers. Of the remaining sales, 75% are collected in the month of sale and 2595 are collected in the month following the sale. The sales budget for the first six months of the year is as follows: Prepare Bonita/Neff's cash receipts budget for the second quarter. (Enter answers in necessary fields only. Leave other fields blank Do not enter 0.) Calculate the accounts receivable balance at the end of second quarter. Accounts Receivable balance at the end of second quarter

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