, Janzen, Inc., sells all of its production acco unt Janzen has the following accounts receivable payment experience: Percent paid in the month of sale 0%-2:/. 60 Percent paid in the second month after the sale 15 mn Soo)ny To encourage payment in the month of sale Janzen givespercent cash discount Janzen's anticipated sales for the next few May $200,000 220,000 230,000 210,000 250,000 June 2c S. uly August Required 1. Prepare a cash receipts budget for July 2. Prepare a cash receipts budget for August