Exercise 5:22 Bonita/Nell, Ltd. personales scrapbooks for customers, using the digital photographe. Each scrapbook ells for $49. Bonita/Neff collects cash at the time of sale from 30% of customers of the remaining ses 64% are collected in the month of sale and 30% are collected in the month following the sale. The sales budget for the first months of the year is as follows: January February March April May Budgeted sales $139,100 $116,200 $111,200 $114,200 $118,000 $120,000 Prepare Bonita/Nell's cash receipts budget for the second quarter (Mountamwe decimal places. 275. Inter answers in necessary fields only. Leave the field bank. Do not water.) May Total Cash Ieceipts Cash sales March sales April sales May sales June sales Totals $ Calculate the accounts receivable balance at the end of second quarter Accounts Receivable balance at the end of second quarters