EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $33,400. The budgeted expenses for the next three months are as follows: February January March Salaries $76,800 $93,500 $103,500 Utilities 6,300 7,000 8,400 Other operating expenses 58,400 63,700 70,100 $141,500 $164,200 $182,000 Total Other operating expenses include $4,200 of monthly depreciation expense and $900 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 80% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in December Prepare a schedule of cash payments for operations for January, February, and March. Enter all amounts as positive numbers. EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 31 February March January Payments of prior month's expense 18,900 X 33,400 20,755 X Payments of current month's expense 139,045 X X X 118,200 154,670 X $ 151,600 X X 157,945 175,425 Total cash payments