Exercise $20-18($Algo$)$ Schedule of cash receipts LO P$2$

Jasper Company has $58\%$ of its sales on credit and $42\%$ for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $$526,000$ for April, $$536,000$ for May, and $$561,000$ for June. Total sales for March are $$297,300.$

Prepare a schedule of cash recelpts from sales for April, May, and June.

Answer is complete but not entirely correct.

$\backslash$table$[[$JASPER COMPANY$],[$Schedule of Cash Receipts from Sales$],[,,$April,,May,,June$],[$Sales$,,526,000,,536,000,,561,000],[$Cash receipts from:$],[$Cash sales,s$,231,440ox,$s$,235,840ox,$$$,246,840ox$