X-Tel budgets sales of $85,000 for April. $115,000 for May, and $70,000 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 $14,000. Prepare a schedule of cash receipts from sales for April, May, and June X-TEL Schedule of Cash Receipts from Sales April $ 85,000 s June May 115,000 $ 70,000 Sales Cash receipts from: s 0 $ 0 $ Total cash receipts