Cash Payments Schedule Hein Company provided the following information relating to cash payments ay Fein purchased direct materials on account in the following amounts $68,000 July 77,000 August 73,000 bein pays 20% of accounts payable in the month of purchase and the remaining 80% in the following month cinay , direct taber cost was $36,900. August direct labor cost was $35,400, The company finds that typically pose of direct labor cost is paid in cash during the month, with the remainder paid in the following month. d. August overhead amounted to $79,200, including 56,350 of depreciation. e fein had taken out a 4-month loan of $19,000 on May 1: Interest, die with payment of principal accrued at the rate of or per year. The town and all interest were repaid on August 31, (Note: Use whole months to compute interest payment Required: Prepare a schedule of cash payments for Fein Company for the month of August Be sure to enter percentages a whole numbers Fein Company Schedule of Cash Payments For August August Payments on acounts payable From July purchase From August purchases Duct tabor payment From Mly Prepare a schedule of cash payments for Fein Company for the month of August. Be sure to enter percentages as whole numbers. Fein Company Schedule of Cash Payments For August August Payments on accounts payable: From July purchases 96 From August purchases % Direct labor payments: From July 0:00 From August X % % Overhead Loan repayment Cash payments