Environmental Landscaping Inc. is preparing its budget for the first quarter of 2020. The next step is to prepare a cash receipts schedule and a cash payments schedule. The following information has been collected:

1.		Clients usually pay 50% of their fee in the month when the service is provided, 40% the next month, and 10% in the second month after receiving the service.
2.		Actual service revenues for 2019 and expected service revenues for 2020 are as follows: November 2019, $88,000; December 2019, $71,000; January 2020, $110,000; February 2020, $118,000; and March 2020, $130,000.
3.		The company pays for purchases of landscaping supplies (direct materials) 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are: December 2019, $13,000; January 2020, $13,000; February 2020, $15,000; and March 2020, $22,000.

(1) Schedule of expected collections from clients. ENVIRONMENTAL LANDSCAPING INC. For the Quarter Ending March 31, 2020 January February March Quarter $ $ $ $ $ $ $ (2) Schedule of expected payments for landscaping supplies. (2) Schedule of expected payments for landscaping supplies. ENVIRONMENTAL LANDSCAPING INC. For the Quarter Ending March 31, 2020 January February March $ $ $ December January February March $ $ Total payments e Textbook and Media