Harvard Pty Ltd sells all its product on account, it has the following accounts receivable payment experience:

Percent paid in the month of sale

20

Percent paid in the month after the sale

55

Percent paid in the second month after the sale

25

Harvard's anticipated sales for the next few months are as follows:

April

$200 000

May

250 000

June

270 000

July

230 000

August

390 000

Required

a. a schedule of cash receipts for June.

[3 marks]

b. a schedule of cash receipts for July.

[3 marks]

c. a schedule of cash receipts for August.

[2 marks]