P4-8 (similar to) Cash receipts Afem has actual sales of $64,000 in April and $58,000 in May, R expects sales of $70,.000 in June and $100,000 in July and in August half of them are for cash and the remainder are collected evenly over the following 2 months, what are the frm's expected cash receipts for June, July, and August? E Question Help Assuming that sales are the only source of cash infows and that Complete the cash receipts table below: (Round to the nearest dolar) April August 64,000 $ 50,000 $ 70,000 S 100,000 $ 00,000 Cash sales Lag 1 month Lag 2 monthe Total cash receipts Enter any number in the edt seids and then dlick Check Answer 2 3 4