please do requrements 1 abd 2

SMWer Company makes a product that is very popular ws a Mother's Day gitt. Thus. peok sates occur in May of each yeat, as shown in the company't sales budgot for the second cuanteriglven below From past experience, the compamy thas fearned that 25% of a monthy tales are collected in the monts of saie, ancther Gons ace folfected in the month folfowing sale, and the remining 15% aro collected in the second month folfowing sale. Bad detats are negiligible and can be ignored. Fetruary sales totaled $2 do,000, and March sales totaled $270.000. Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the tacond quarter. 2. What is the accounts receivable balance on fune 30th ? Complete this question by entering your answers in the tabs below. Prepare a schedule of expected cash coliections from sales, by month and in total, for the second quarter. Sifver Company makes a prochuct that is very thopelar as a Mother's Dey git. Thus, peak sales occur un May of each year, ths stuown in the comparmy wales tiidget for the second quater giver berlow: From past exparience, the compuny has learned that 25 , of a month's sales are collected in the month of sale, ariounat 60 are are colfected in fhe morth following sale, and the rermairting 15x are collected in the second montis following sate. Aad debts ate negligibie and can be rgenoredi. February seles totaled 5240.000, and March satos totaled 5270.000. P.equireat? 1. Prepare a schechate of expected cash collections from sales, by month and in total, for the secomd quater. 2 What is tre arcounts recelvabie balance on June 30 th? Complete this guestian by entering your answers in the tatos tretow. What is the accounts recelvabie balance on June 30th