Exercise 22-18 (Algo) Schedule of cash receipts LO P2 Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $534,000 for April, $544,000 for May, and $569,000 for June. Total sales for March are $297,200 Prepare a schedule of cash receipts from sales for April, May, and June. JASPER COMPANY Schedule of Cash Receipts from Sales Sales April May June 534,000 544,000 569,000 Cash receipts from. Cash sales $ 534,000 $ 544,000 $ 569,000 Collections of prior period sales Total cash receipts