Ch 20: Assessment 5 16.66 points Saved Jasper Company has 62% of its sales on credit and 38% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $515,000 for April, $525,000 for May, and $550,000 for June. Total sales for March are $297,600. Prepare a schedule of cash receipts from sales for April, May, and June. Sales Cash receipts from: Total cash receipts JASPER COMPANY Schedule of Cash Receipts from Sales April 515,000 May June 525,000 550,000