Exercise 7-18 (Algo) Schedule of cash receipts LO P2 Jasper Company has 55% of its sales on credit and 45% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $530,000 for April, $540,000 for May, and $565,000 for June. Total sales for March are $291,500, Prepare a schedule of cash receipts from sales for April, May, and June