82) Star Moving Systems, Inc. has provided the following details for direct materials purchased on account in different months. Jan $35,000 Feb 28,000 March 34,000 April 39,000 May 32,000 June 29,000 The terms of payment offered by the suppliers are to pay 70% in the month of purchase and 30% in the following month. Calculate the payments on account made during the first six months. Answer: Jan Feb March April May June Purchases on account: $35,000 $28,000 $34,000 $39,000 $32,000 $29,000 Cash payments to suppliers: In the month of purchase (70%) _____ ______ ______ ______ ______ _____ In the next month: (30%) ______ ______ ______ ______ _____ Total payments to suppliers _______ ______ ______ ______ ______ ______