Blue Spruce Landscaping Inc. is preparing its budget for the first quarter of 2022 . The next step is to prepare a cash receipts schedule and a cash payments schedule. The following information has been collected: 1. Clients usually pay 50% of their fee in the month when the service is provided, 40% the next month, and 10% in the second month after receiving the service. 2. Actual service revenues for 2021 and expected service revenues for 2022 are as follows: November 2021, $92,000; December 2021, \$70,000; January 2022,\$112,000; February 2022,\$119,000; and March 2022, $132,000. 3. The company pays for purchases of landscaping supplies (direct materials) 60% in the month of purchase and 40% the following month. Actual purchases for 2021 and expected purchases for 2022 are: December 2021,$13,000; January 2022, $13,000 : February 2022, $16,000; and March 2022, $19,000. BLUESPRUCE LANDSCAPING INC. For the Quarter Ending March 31, 2022 December January February March Total payments For the Quarter Ending March 31, 2022 i i $ $ eTextbook and Media Determine the following balances at March 31, 2022. $