Zeller Company has projected sales in units for the second quarter of the coming year as follows:

April May June

Sales 50,000 40,000 60,000

All units are sold on account for $14 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in the month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable on April 1 totalled $500,000 ($90,000 from February's sales and the remainder from March).

Required:

a schedule for each month showing budgeted cash receipts for Clay Company. You must show all calculations.