Exercise 20-19 (Algo) Schedule of cash payments LO P2 Zisk Company purchases direct materials on credit. Budgeted purchases are April, $90,000; May, $120,000; and June, $130,000. Cash payments for purchases are: 75% in the month of purchase and 25% in the first month after purchase. Purchases for March are $80,000. Prepare a schedule of cash payments for direct materials for April, May, and June. Materials purchases Cash payments for ZISK COMPANY Schedule of Cash Payments for Direct Materials Total cash payments April May June