nect HWF$12(3)$

Jasper Company has $61\%$ of its sales on credit and $39\%$ for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $$525,000$ for April, $$535,000$ for May, and $$560,000$ for June. Total sales for March are $$298,800.$

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

$\backslash$table$[[$JASPER COMPANY$],[$Schedule of Cash Receipts from Sales$],[,$April,May,June$],[$Sales$,525,000,535,000,560,000],[$Cash receipts from:,,,$],[$Cash sales,$ $535,000,$$ $560,000,$$ $298,800],[$Collections of prior period sales,,,$],[$Total cash receipts,,,$]]$