Question $4($Parkdale Mills Co$.$ has projected T$-$shirt sales in units for the second quarter of the coming year as follows: April May June Sales $50,00040,00060,000$ All T$-$shirts are sold on account for $$14$ each. Cash collections from sales are budgeted at $60\%$ in the month of sale, $30\%$ in the month following the month of sale, and the remaining $10\%$ in the second month following the month of sale. Accounts receivable on April $1$ totalled $$500,000($$$90,000$ from February's sales and the remainder from March$).$ Required: Prepare a schedule for each month showing budgeted cash receipts for Parkdale Company.