Jasper Company has sales on account and for cash. Specifically, 59% of its sales are on account and 41% 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 $305,100 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash sales 41% 59% Sales on account Total sales JASPER COMPANY Schedule of Cash Receipts For April, May, and June April May June Cash receipts from: Cash sales Collection of accounts receivable Total budgeted cash receipts