Jasper Company has sales on account and for cash. Specifically, 57% of its sales are on account and 43% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $523,000 for April, $533,000 for May, and $558,000 for June. The beginning balance of Accounts Receivable is $300,300 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June April May June Cash sales 43% Sales on account 57% Total sales $ 523,000$ 533,000$ 558,000 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