Jasper Company has 55% of its sales on credit and 45% 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 $292,500. Prepare a schedule of budgeted cash receipts for April, May, and June. April Cash sales 45% Sales on account 55% Total sales May June JASPER COMPANY Schedule of Cash Receipts April May June Cash receipts from Cash sales Collection of accounts receivable Total cash receipts