Exercise 20-18 (Algo) Schedule of cash receipts LO P2 Jasper Company has 63% of its sales on credit and 37% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $531,000 for April, $541,000 for May, and $566,000 for June. Total sales for March are $303,600 Prepare a schedule of cash receipts fiom sales for Apri, May, and June