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 $520,000 for April, $530,000 for May, and $555,000 for June. Total sales for March are $290,000 Prepare a schedule of budgeted cash receipts for April, May, and June. April May June 37% Cash sales Sales on account Total sales 63% May June JASPER COMPANY Schedule of Cash Receipts April Cash receipts from Cash sales Collection of accounts receivable Total cash receipts