Exercise $8-1($Algo$)$ Schedule of Expected Cash Collections $[$LO$8-2]$

Silver Company makes a product with peak sales in May of each year. Its sales budget for the second quarter is given below:

$\backslash$table$[[,$April,May,June,Total$],[$Budgeted sales $($all on account$),$$$490,000,$$$690,000,$$$220,000,$$$1,400,000$