Elwood 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 Elwood 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 February--Direct material purchases paid in March Total payments for direct materials Direct Labor Total payments for direct labor January February March Total e leave the input field empty; do not Data table X I bruary March Total January February March Direct materials purchases $ 3,900 $ 4,100 $ 4,000 Direct labor costs 3,400 4,000 4,400 Depreciation on plant 200 200 200 Utilities for plant 560 560 560 Property taxes on plant 250 250 250 + Depreciation on office 100 100 100 Utilities for office 510 510 510 Property taxes on office 190 190 190 Office salaries 2,500 2,500 2.500 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