Jasper Company has sales on account and for cash. Specifically, 56% of its sales are on account and 44% are for cash credit sales are collected In full in the month following the sale. The company forecasts sales of $527,000 for April, $537000 for May, and $562,000 for June. The beginning balance of Accounts Receivable is $306,000 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June. April May 44%[$ 231,880 s 236,28of $ 247,280 314,720 $ 527,000 537,000 562,000 Cash sales Sales on account 56% 295,120 300,720 Total sales Schedule of Cash Receipts For April, May, and June April May June Cash receipts from: Cash sales $ 231,880 S 236,280 247,280 Collection of accounts receivable 306,000 Total budgeted cash receiptsS