Exercise 9-18 Green Landscaping Inc. is preparing its budget for the first quarter of 2020. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is performed 309 the month arte, and 1096 the second month after receiving service Actual service revenue for 2019 and expected service revenues for 2020 are November 201 $94 500. December 2019 S8 030 Januar 202 5102.00February 2 20 $123,980; and March 2020, $134,410. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $15,050; January 2020, $17,910; February 2020, $19,580; and March 2020, $21,620 Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. GREEN LANDSCAPING INC. Schedule of Expected Collections From Clients January February March Quarter November December January