3 Artemis Industries has projected production for the second quarter of the coming year as follows: Production - units Production cost per unit Total Production Costs April May June 72,000 62,000 62,000 $4.00 $4.00 $4.00 $288,000 $248,000 $248,000 Of the production costs, 40% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $40,000 per month. The accounts payable balance on March 31 totals $189,000, which will be paid in April. Required: show your work 15 points a. Prepare a schedule for each month showing budgeted cash disbursements for StelterCorporation. 3 points extra credit: What is the Accounts Payable balance on June 30