QS 20-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $75,000 for April, $150,000 for May, and $75,000 for June Sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. Total sales for March were $14,000. Prepare a schedule of cash receipts from sales for April, May, and June