Sheridan/Neff, Ltd. personalizes scrapbooks for customers, using their digital photographs. Each scrapbook sells for $80. Sheridan/Neff collects cash at the time of sale from 30% of customers. Of the remaining sales, 75% are collected in the month of sale and 25% are collected in the month following the sale. The sales budget for the first six months of the year is as follows: January Budgeted sales $108.000 February $98,000 March April May June $98,000 $100,000 $103,000 $113,000 Prepare Sheridan/Neff's cash receipts budget for the second quarter. (Enter answers in necessary fields only. Leave other fields blank. Do not enter O.) April May Cash sales $ $ $ March sales April sales May sales June sales Totals $ $ Calculate the accounts receivable balance at the end of second quarter. Accounts Receivable balance at the end of second quarter $ $ June Total Cash $