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Can you explain how to find every answer in the schedule? Every other problem I found on here doesnt fully explain how they found the

Can you explain how to find every answer in the schedule? Every other problem I found on here doesnt fully explain how they found the numbers on the schedule. Thanks
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Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: April May June Total Dudgeted sales (all on account) $360,000 $ 560.000 $ 220,000 $ 1,140,000 From past experience, the company has learned that 30% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $290,000, and March sales totaled $320,000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Schedule of Expected Cash Collections April May Juno Total $ 0 0 February March sales Apni sales May sales June sales Total cash collections 0 0 $ 05 0 0 5 0 $ Required 2 > Total $ 1,140,000 Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: April May June Budgeted sales (11 on account) $ 350,000 $ 560,000 $ 220,000 From past experience, the company has learned that 30% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $290,000, and March sales totaled $320,000, Required: 1. Propare a schedule of expected cash collections from sales, by month and in total, for the second quarter 2. What is the accounts receivable balance on June 30th? Complete this question by entering your answers in the tabs below. Required 1 Hnakired2 What is the accounts receivable balance on June 30th? Total accounts receivable at June 30

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