Exercise $8-1($Algo$)$ Schedule of Expected Cash Collections $[$LO$8-2]$

Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below:

$\backslash$table$[[$April$,$May,June,Total,$],[$Budgeted sales $($all on account$),$$$490,000,$$$690,000,$$$220,000,$$$1,400,000$