Bond Company budgets the following purchases of direct materials for the first quarter of the year:

January February March

Budgeted purchases $ $150,000$ $ $120,000$ $ $90,000$

All purchases of direct materials are made on credit. On average, the company pays $80\%$ of its purchases in the month of sales and the remainder in the following month.

Required:

$1.$ For the months of February and March, what are the budgeted cash payments for purchases of direct materials under the assumption that there is no $($cash$)$ discount for early payment?