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Schedule of Cash Receipts Rosita Flores owns Rosita's Mexican Restaurant in Tempe, Arizona. Rosita's is an affordable restaurant near campus and several hotels, Rosta actepts

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Schedule of Cash Receipts Rosita Flores owns Rosita's Mexican Restaurant in Tempe, Arizona. Rosita's is an affordable restaurant near campus and several hotels, Rosta actepts cash and checks. Checks are deposited immediately. The bank charges $0,70 per check; the amount per check averages $70, "Bad" checks that Rosita cannot collect make up 4 percent of check revenue. During a typical month, Rosita's has sales of $46,000. About 80 percent are cash sales. Estimated sales for the next three months are as follows: Required: Prepare a schedule of cash receipts for May and June. Round your intermediate computations and final answers to the nearest whole dollar

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