Exercise 22-19 Budgeted cash payments LO P2 Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $92,000; May, $122,000, and June $132,000, Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase The March 31 balance of accounts payable is $34.000 Prepare a schedule of budgeted cash payments for April, May, and June April May June 70% Current month purchases Ending accounts payable Total purchases 30% $ 0$ 0$ 0 May June Zisk Co. Schedule of Cash Payments For April May, and June April Cash payments for Current month purchases Prior month purchases Budgeted cash payments for materials