Bridgeport Landscaping Company is preparing its budget for the first quarter of 2022. The next step in the budgeting process is to prepare cash receipts and cash payments schedules. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is provided, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2021 and expected service revenues for 2022 are: November 2021, $129,000; December 2021, $103,000; January 2022, $148,000; February 2022, $158,000; March 2022, $180,000. Purchases of landscaping supplies are paid 40% in the month of purchase and 60% the following month. Actual purchases for 2021 and expected purchases for 2022 are: December 2021, $21,300; January 2022, $20,300; February 2022, $23,400; March 2022, $26,100.

(a1)

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Prepare a schedules of expected collections from clients for each month in the first quarter of 2022 and for the quarter in total. (Do not leave any answer field blank. Enter 0 for amounts.)

BRIDGEPORTLANDSCAPING COMPANY Schedule of Expected Collections From Clients choose the accounting period For the Year Ending March 31, 2022For the Month Ending March 31, 2022For the Quarter Ending March 31, 2022
		January		February		March		Quarter
November		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
December		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
January		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
February		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
March		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
Total collections		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount

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(a2)

Prepare a schedules of expected payments for landscaping supplies for each month in the first quarter of 2022 and for the quarter in total. (Do not leave any answer field blank. Enter 0 for amounts.)

BRIDGEPORTLANDSCAPING COMPANY Schedule of Expected Payments for Landscaping Supplies choose the accounting period For the Quarter Ending March 31, 2022For the Year Ending March 31, 2022For the Month Ending March 31, 2022
		January		February		March		Quarter
December		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
January		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
February		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
March		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
Total payments		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount