Slver Company makes a product with peak sales in May of each year. its sales budget for the second quarter is given belowr

$\backslash$table$[[,$April,May,June,fetal$],[$Hudgeted saies $($ali on account$),5789,099,+5380\mathrm{.}004,\%200,200,51,160,109]]$

The company estimates $20\%$ of a month's sales are cotlected in the month of sale, another $604$ are collected in the month following sale, and the remaining $205$ are collected in the second month following sale. Bad debts are negligible and can be ignored. Februar sales totaled $$310,000,$ and March sales totaled $$340,000.$

Required:

Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter.

What is the accounts recelvable balance on June $30$th$?$