Erewon Inc. sells all of its product on account. Erewon has the following accounts receivable payment experience:

Percent paid in the month of sale

$30$

Percent paid in the month after the sale

$50$

Percent paid in the second month after the sale

$18$

To encourage payment in the month of sale, Erewon gives a $2\%$ cash discount. The company's anticipated sales for the next few months are as follows:

April

$$209,000$

May

$272,800$

June

$286,000$

Jul$$

$264,000$

August

$330,000$

Required:

Prepare a schedule of cash receipts for July. Be sure to enter percentages as whole numbers.

Erewon Inc.

Schedule of Cash Receipts

For July

Payments on account:

From May credit sales:

$$,||$

From June credit sales:

From July credit sales:

Alpha$-$numeric input field