help required 1 and 2

Siver Compary makes a product that s very popular as a Mother's Day gift. Thus, peak sales occur in May of each year as showein. the company's sales busget for the second quarter given below. from pest expenience, the company has learned that 20 K of a months sales are colecied an the month of saie, another 60s are. coliected in the month folioweng sole, and the iemaining 205 are colected in the second month following sale. Bad debts are neglaible and can be ignored. February sales totaled 5390,000 , and March sales totaled $420.000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2 What is the accounte recelvable balance on June 30th ? Cianplete this puestion by entering your answers in the tabs tielow. Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in the company's sales budget for the second quarter given below: From past experience, the company has learned that 20% of a month's sales are collected in the mont collected in the month following sale, and the remaining 20% are collected in the second month follow negligible and can be ignored. February sales totaled $390,000, and March sales totaled $420,000. Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second qua 2. What is the accounts receivable balance on June 30 th? Complete this question by entering your answers in the tabs below. What is the accounts receivable balance on June 30 th