Fein Company provided the following information relating to cash payments: 3. Fein purchased direct materials on account in the following amounts: b. Fein pays 20% of accounts payable in the month of purchase and the remaining 80% in the following month. c. In July, direct labor cost was $35,300. August direct laber cost was $35,400. The company finds that typicaily 90% of direct labor cost is paid in cash during the month, with the remainder paid in the following month. d. August overhead amounted to $71,200, including $6,350 of depreciation. e. Fein had taken out a 4 -month loan of $18,000 on May 1. Interest, doe with payment of principal, accrued at the rate of 9% per year. The loan and all interest were. repaid on August 31. (Note: Use whole months to compute interest payment.) Required: Prepare a schedule of cash poyments for Fein Company for the month of August. Be sure to enter percentages as whole numbers. Schedule of Cash Payments