Current Attempt in Progress Nieto Compary's budgeted sales and direct materials purchases are as follows. Nieto's sles are 30\\% cosh and 70\\% credit. Credit sales are collected \10 in the month of sale, \50 in the month follawing sale, and \36 in the second month following sale; \4 are uncollectible. Nieto's purchases are \50 cash and \50 an sccount. Purchases on sccount are paid \40 in the month of purchase, and \60 in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (b) Prepare a schedule of expected payments for direct materials for March