Jasper Company has 63% of its sales on credit and 37% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $530,000 for April, $540,000 for May, and $565,000 for June. Total sales for March are $290,500. Prepare a schedule of cash receipts from sales for April, May, and June. JASPER COMPANY Schedule of Cash Receipts from Sales Sales Cash receipts from: Total cash receipts April May June 530,000 540,000 565,000