Carmen Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Carmen for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Payments Direct Materials: Accounts Payable balance, January 1 January-Direct material purchases paid in February FebruaryDirect material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Data table January February March Total Help me solve this Demodocs example Get more help January Direct materials purchases $ 3,000 $ February 4,200 $ March 4,200 Direct labor costs 3,200 4,000 3,800 Depreciation on plant 700 700 700 Utilities for plant 550 550 550 Property taxes on plant 100 100 100 Depreciation on office 350 350 350 Utilities for office 240 240 240 Property taxes on office 170 170 170 Office salaries 3,500 3,500 3,500 All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1. Print Done Check