Jasper Company has 58% of its sales on credit and 42% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $534.000 for April. $544.000 for May, and $569.000 for June. Total sales for March are $305,600. Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash sales Sales on account 42% 58% Total sales JASPER COMPANY Schedule of Cash Receipts April May June Cash receipts from Cash sales Collection of accounts receivable Total cash receipts