Exercise 5-22 Coronado/Neff, Ltd. personalizes scrapbooks for customers, using their cligital photographs. Each scrapbook sells for $47. Coronado/Neff collects cash at the time of sale from 36% of customers. Of the remaining sales, 64% are collected in the month of sale and 36% are collected in the month following the sale. The sales budget for the first six months of the year is as follows: May January $134,100 February $115,000 March $114,600 April $112,600 June $126,700 Budgeted sales $122,000 Prepare Coronado/Neff's cash receipts budget for the second quarter. (Round answers to O decimal places, e.g. 5,275. Enter answers in necessary fields only. Leave other fields blank. Do not enter 0.) April May June Total Cash Receipts Cash sales March sales April sales May sales June sales Totals Calculate the accounts receivable balance at the end or second quarter. Accounts Receivable balance at the end of second quarter $