Question: please help with the incorrect answer 14.32 points Exercise 20-18 (Algo) Schedule of cash receipts LO P2 Jasper Company has 56% of its sales on

please help with the incorrect answer
14.32 points Exercise 20-18 (Algo) Schedule of cash receipts LO P2 Jasper

14.32 points Exercise 20-18 (Algo) Schedule of cash receipts LO P2 Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $524,000 for April, $534,000 for May, and $559,000 for June. Total sales for March are $290,200. Prepare a schedule of cash receipts from sales for April, May, and June. Answer is complete but not entirely correct. JASPER COMPANY Schedule of Cash Receipts from Sales Sales Cash receipts from: Cash sales Collections of prior period sales Total cash receipts April 524,000 230,560 $ 159,610 0 390,170 May 534,000 234,960 $ 293,440 528.400 $ June 559,000 245,960 299.040 e 545.000

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