CALCULATOR PRINTER VLRSON BACK Exercise 5-22 Your answer is partially correct. Try again. Brooks/Neff, Ltd. personalizes scrapbooks for customers, using their digital photographs. Each scrapbook sells for $40. Brooks/Neff collects cash at the time of sale from 31 percent of customers. Of the remaining sales, 67 percent are collected in the month of sale and 33 percent are collected in the month following the sale. The sales budget for the first six months of the year is as follows: anuary February March April $131,000 $112,900 $117,400 $115,000 $117,000 $126,500 May June Budgeted sales Prepare Brooks/Neffs cash receipts budget for the second quarter. (Round answers to 0 decimal places, e.g. 5,275. Enter answers in necessary fields only. Leave other fields blank. Do not enter 0.) April May June Cash sales 35650 36270 39215 March sales April sales May sales June sales Totals Calculate the accounts receivable balance at the end of second quarter. Accounts Receivable balance at the end of second quarter