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budgeted antes ieliran sceount) Required: Required: 1. Prepere o schedule of expected cash collectons from sales, by month and in total, for the second quarter. 2 What is the accounts recelvable balance on June 30th ? Complete this quetion by entering your answers in the tabs below. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter, Silver Company makes a product that is very popular as a Mother's Day git. Thus, peak sales occur in May of each year, as the company's sales budget for the second quarter given below: collected in the month followpany nas learned that 25% of a month's sales are collected in the month of sale, another negligible and can be ignored. Fale, and the remaining 15% are collected in the second month following sale. Bad debt Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30 th? Complete this question byentering your answers in the tabs below. What is the accounts receivable balance on June 30 th