Jasper Company has sales on account and for cash. Specifically, 62% of its sales are on account and 38% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $528,000 for April, $538,000 for May, and $563,000 for June. The beginning balance of Accounts Receivable is $295,300 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash sales 38% 62% Sales on account Total sales $ 528,000538,000 563,000 JASPER COMPANY Cash Receipts Budget For April, May, and June April May June Cash receipts from Cash sales Collection of accounts receivable Total cash receipts