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 $524,000 for April $534,000 for May, and $559,000 for June. The beginning balance of Accounts Receivable is $307.900 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June April May June 38% Cash sales Sales on account Total sales 62% May June JASPER COMPANY Schedule of Cash Receipts For April, May, and June April Cash receipts from Cush sales Collection of accounts receivablo Total budgeted cash receipts