(e) What are cash payments on account for February? (f) What is the ending balance in accounts payable for March? (g) What is the cash balance for the period January-March?

The controller of Novak Company estimates sales and production for the first four months of 2022 as follows: Sales are 40% cash and 60% on account, and 60% of credit sales are collected in the month of the sale. In the month after the sale, 40 of credit sales are collected. It takes 4kg of direct materials to produce a finished unit, and direct materials cost $5perkg. All direct materials purchases are on account, and are paid as follows: 40% in the month of the purchase and 60% the following month. Ending direct materials inventory for each month is 40% of the next month's production needs. January's beginning materials inventory is 990kg. Suppose that both accounts receivable and accounts payable are zero at the beginning of January