Ivanhoe Company has budgeted monthly sales revenue for the first 6 months of 2022 as follows: Past experience has indicated that 80% of sales each month are on credit and that collection of credit sales occurs as follows: 60% in the month of sale, 30% in the month following the sale, and 5% in the second month following the sale. The other 5% is uncollectible. Prepare a schedule which shows expected cash receipts from sales for the months of April, May, and June 2022. (Do not leave any answer field blank. Enter O for amounts.) IVANHOE COMPANY Expected Cash Receipts from Sales For the Months of April, May and June 2022 Collection of sales April May June Collection of February sales Cash Sales Collection of March sales Credit Sales Cash Sales Collection of April sales Credit Sales Cash Sales Collection of May sales Credit Sales Collection of May sales Credit Sales Cash Sales Collection of June sales Credit Sales Cash Sales