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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

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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 Elwoodfor JanuaryFebruaryand MarchDetermine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March31(Assume the company started operations in Januarylf an input field is not used in the table leave the input field empty; do not enter a zero.) Data table 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 January2. The Accounts Payable and Utilities Payable accounts have a zero balance on January1

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