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Rosita Flores owns Rosita's Mexican Restaurant in Tempe, Arizona. Rosita's is an affordable restaurant near...

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Rosita Flores owns Rosita's Mexican Restaurant in Tempe, Arizona. Rosita's is an affordable restaurant near campus and several hotels. Rosita accepts cash and checks. Checks are deposited immediataly. The bank charges $0.50 per check; the amount per check averages $75. "Bad" checks that Rosita cannot collect make up 3 percent of check revenue During a typical month, Rosita's has sales of $45,00. About B0 percent are cash sales. Estima ted sales for the next three months are as follows April May June Required: $32,000 45,000 56,000 Prepare a schedule of cash receipts for May and June. Round your intermediate computations and final answers to the nearest whole dollar Rosita's Mexican Restaurant Schedule of Cash Receipts For the Months of May and June une Cash sales Checks Total

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