20. Ultravision Inc. anticipates sales of $290,000 from January through April. Materials will represent 50 percent of sales, and because of level production. material purchases will be equal for each month during the four months of January, February, March, and April. Materials are paid for one month after the month purchased. Materials pur- chased in December of last year were $25,000 (half of $50,000 in sales). Labor costs for each of the four months are slightly different due to a provision in the labor con- tract in which bonuses are paid in February and April. Here are the labor figures: January February Marchi April $15,000 18,000 15,000 20,000 Schedule of cash payments (LO4-2) Fixed overhead is $11,000 per month. Prepare a schedule of cash payments for January through April.