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, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019, $93,590; December 2019, $82,600; January 2020, $104,410; February 2020, $122,360; and March 2020, $134,050. 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, $18,580; January 2020, $13,310; February 2020, $17,650; and March 2020, $20,140. (a) Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. January November $ December January February: March Total $ collections GREEN LANDSCAPING INC. Schedule of Expected Collections From Clients For the Year Ending March 31, 2020 (2) Expected payments for landscaping supplies. $ February March Quartei $