Exercise 9-1 Schedule of Expected Cash Collections [LO9-2] Siver Company makes a produdi hat is very popular as a Mother's Day oft. Thus,peask sales ocour in May of each yoer s shown in the compary's sales budget for he given below Budgeted sales (all on account) 310,000 $510,000 $160,000 80,000 From past expenerce, the company has learnd that 25% of a month's sales ae clictenne morth ofsa, ae eresa, cotected ite mon second month following sale. Bad debts are negligible and can be ignored February sales totaled $240,000, and March sales otaled Sz70,000 1Prepare a schedule of expected cash collections from sales, by month and in tona, for the second quarter Aprl sales ops lock ontro option command