X-Tel budgets sales of $52,000 for April, $84,000 for May, and $68,000 for June 178 points In addition, sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. The April 1 balance in accounts receivable is $12.000. Prepare a schedule of budgeted cash receipts for April, May, and June X-TEL Cash Receipts Budget For April, May, and June April May - June Cash receipts from Total budgeted cash receipts OS