Jasper Company has 62% of its sales on credit and 38% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $516,000 for April, $526,000 for May, and $551,000 for June. Total sales for March are $290,000. Prepare a schedule of cash receipts from sales for April, May, and June. JASPER COMPANY Schedule of Cash Receipts from Sales Sales April 516,000 May June 526,000 551,000 Cash receipts from: Cash sales $ 196,080 $ 199,880 $ 209,380 Collections of prior period sales Total cash receipts