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Jasper Company has 5 9 % of its sales on credit and 4 1 % for cash. All credit sales are collected in full in

Jasper Company has 59% of its sales on credit and 41% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $522,000 for April, $532,000 for May, and $557,000 for June. Total sales for March are $302,700.
Prepare a schedule of cash receipts from sales for April, May, and June.
\table[[JASPER COMPANY],[Schedule of Cash Receipts from Sales],[,April,May,June],[Sales,522,000,532,000,557,000],[Cash receipts from:],[Cash sales,214,020,,],[Collections of prior period sales,178,593,,],[Total cash receipts,392,613,,]]
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