Garda purchased $610,000 of merchandise in August and budgets merchandise purchases of $650,000 in September. Merchandise purchases are paid as follows 25% in the month of purchase and 75% in the month after the purchase Prepare a schedule of cash payments for merchandise purchases for September GARDA Schedule of Cash Payments for Merchandise Purchases September Merchandise purchases $ 650,000 Cash payments for Current period purchases Prior period purchases Total cash payments for merchandise purchases