X-Tel budgets sales of $60,000 for April, $168,000 for May, and $108,000 for June 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 $18,000. 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 recept