Total cash collected in July $197.000 EX 22-18 Schedule of cash collections of accounts receivable OBJ. Bark & Pure Supplies Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three months of operations are as follows: May June July $184.000 192000 201,000 SHOW ME HOW CARREL EN W to search . About Support Accounting, 28th Edition x AA Chapter 22 Budgeting All sales are on account. Sixty percent of sales are expected to be collected in the mu of the sale. 35% in the month following the sale, and the remainder in the second me following the sale Prepare a schedule indicating cash collections from sales for May, Junc, and july