Jasper Company has 61% of its sales on credit and 39% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $523,000 for April, $533,000 for May, and $558,000 for June. Total sales for March are $310,000 Prepare a schedule of budgeted cash receipts for April, May, and June Cash sales Sales on account Total sales 39% 5 61% April 203,970 s 319.030 523,000 $ May 207.870 $ 325,130 533,000 $ June 217.620 340,380 558,000 $ JASPER COMPANY Schedule of Cash Receipts April May June Cash receipts from Cash sales 5 203,970 $ 207,870 $ 217,620 Collection of accounts receivable Total cash receipts