Xenos Company has the following sales projections for the coming months: Month January February March April May June Sales $60,000 68,000 75,000 80,000 95,000 90,000 Xenos collects 20% of its sales in the month of sale, 45% in the month following the sale, and 35% in the second month following the sale. Required: a. Prepare a schedule of cash receipts for the three months April through June. b. What would be the accounts receivable balance on June 30? Xenos Company has the following sales projections for the coming months: Month January February March April May June Sales $60,000 68,000 75,000 80,000 95,000 90,000 Xenos collects 20% of its sales in the month of sale, 45% in the month following the sale, and 35% in the second month following the sale. Required: a. Prepare a schedule of cash receipts for the three months April through June. b. What would be the accounts receivable balance on June 30