(1) Lexpected conections momtiems. (2) Expected payments for landscaping supplies. (2) Expected payments for landscaping supplies. (b) Determine the following balances at March 31, 2020: Determine the following balances at March 31, 2020: (1) Accounts receivable (2) Accounts payable Green Landscaping inc. is preparing its budget for the first quarter of 2020. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019,\$93,290; December 2019,$81,030; January 2020, \$103,700; February 2020, \$121,160; and March 2020,\$132,020. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $16,880; January 2020 , $13,860; February 2020, \$18,230; and March 2020,\$19,600. (a) Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. (1) Lexpected conections momtiems. (2) Expected payments for landscaping supplies. (2) Expected payments for landscaping supplies. (b) Determine the following balances at March 31, 2020: Determine the following balances at March 31, 2020: (1) Accounts receivable (2) Accounts payable Green Landscaping inc. is preparing its budget for the first quarter of 2020. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019,\$93,290; December 2019,$81,030; January 2020, \$103,700; February 2020, \$121,160; and March 2020,\$132,020. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $16,880; January 2020 , $13,860; February 2020, \$18,230; and March 2020,\$19,600. (a) Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients