X-Tel budgets sales of $66,000 for April, $120,000 for May, and $78,000 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 $15,000. 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 Codis sunt reasible Accounts payable Accounts receivable Cash sales Collections of prior month's receivables $ 0 $ 0 $ 0 Sales X-TEL Cash Receipts Budget For April, May, and June April May June Less: Ending accounts receivable Cash receipts from: Total budgeted cash receipts $ 0 $ 0 $ 0