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 $523,000 for April, $533,000 for May, and $558,000 for June. Total sales for March are $290,900. Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash sales 37% Sales on account 63% Total sales JASPER COMPANY Schedule of Cash Receipts April May June Cash receipts from: Cash sales Collection of accounts receivable Total cash receipts