\f(a) Your answer is correct. Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases for January and February. Expected Collections from Customers January February November $1000 December 117120 78080 January 219600 131760 February 244000 Total collections 397720 $ 153840 Expected Payments for Direct Materials January February December 48800 i January 87840 58560 February 91500 Total payments 136640 150060 eTextbook and Media Attempts: 2 of 5 used