You received no credit for this question in the previous attempt. 5 Exercise 20-18 Budgeted cash receipts LO P2 Jasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash Credit sales are collected in full in the month following the sale. The company forecasts sales of $525,000 for April $535,000 for May, and $560,000 for June The beginning balance of Accounts Receivable is $400,000 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June 02:37:00 May June April 157 000 30% ebook Cash sales Sales on account Total sales YON OS O 5 157.000 Hit Pin May June References JASPER COMPANY Schedule of Cash Receipts For April May, and June April Cash receipts from Cash sales $ 157000 Collection of accounts receivable Total budgeted cash receipts