18 Zisk Company purchases direct materials on credit. Budgeted purchases are April. $96,000: May. $126,000, and June, $136,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $86,000. Prepare a schedule of cash payments for direct materials for April, May, and June. 00:46:22 ZISK COMPANY Schedule of Cash Payments for Direct Materials April May Materials purchases Cash payments for: June Total cash payments