The company estimates 30% of a month's sales are collected in the month of sale, another 60% are collected in the month followin sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored. Februa sales totaled $290,000, and March sales totaled $320,000. What is the accounts receivable balance on June 30th? Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter