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 $530,000 for April. $540,000 for May, and $565,000 for June. The beginning balance of Accounts Receivable is $308,400 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June April May June Cash sales Sales on account Total sales 38% 62% $ 0 $ 05 0 JASPER COMPANY Schedule of Cash Receipts For April May, and June April Cash ecolots from Cash Wales Collection of accounts receivable Total budgeted cash receipts May June