Schedule of Cash Collections on Accounts Receivable and Cash BudgetSelig Inc. found that about $45\%$ of its sales during the month were for cash. The company has the following accounts receivable payment experience:Line Item DescriptionPercentPercent paid in the month of sale$20$Percent paid in the month after the sale$68$Percent paid in the second month after the sale$7$Selig's anticipated sales for the next few months are as follows:MonthAmountApril$$250,000$May$290,000$June$300,000$July$315,000$August$295,000$