Expected Sales January-June January February March April May June $0 $2,000 $4,000 $6,000 $8,000 $10,000 Sales Cash vs. Credit 40% Cash Collectibility of Credit Sales Month of Sale 60% 60% Credit Month after Sale 30% Never Collected 10% Required: Calculate Ravenwood's total projected cash receipts for May and June by completing the following table. Note: Round your answers to the nearest dollar amount. Cash Sales Credit Revenue receipts from prior month Credit Revenue receipts from current month Total projected cash receipts May June