X-Tel budgets sales of $44,000 for April, $108,000 for May, and $68,000 for June. Sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. Total sales for March were $10,000. Prepare a schedule of cash receipts from sales for April, May, and June

X-TEL
Schedule of Cash Receipts from Sales
	April	May	June
Sales	$44,000	$108,000	$68,000
Cash receipts from:
Cash sales
Collections of prior period sales
Total cash receipts	$0	$0	$0