Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows: Sales Production April 62.ee 72,Bee May 52.600 62.ee Dune 72,eee 62,eee Cash-related production costs are budgeted at $4 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $40.000 per month. The accounts payable balance on March 31 totals $189.000, which will be paid in April. All units are sold on account for $16 each. Cash collections from sales are budgeted 30% In the month of sale, 20% in the month following the month of sale, and the remaining 50% in the second month following the month of sale. Accounts receivable on April 1 totaled $597.000 ($107.000 from February's sales and $490,000 from March's sales). Required: a. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. April 62,000 $ May 52,000 $ June 72.000 IS Total sales Cash receipts February sales March sales April sales May sales June sales Total recepts $ 992.000 S 832 000 1.152.000 297.800 S 249.600 345.6003 694.400 582.400 $ 808.400 $ 1,984,000 $ 1,884,000 $ 2,304 000