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 2019.893,590: December 2019,582.600 January 2020, 5104,410; February 2020, 5122,360; and March 2020, $134,050, Purchases of landscaping supplies (direct materials) are paid 60% In the month of purchase and 409 the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $18,580, January 2020.$13,310 February 2020,517,650; and March 2020, 320,140 (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 GREEN LANDSCAPING INC. Schedule of Expected Collections From Clients For the Quarter Ending March 31, 2020 January February March November 9362 $ $ December 25089 8363 January 61272 30636 February 74370 March Total collections 95723 113369 127570 (2) Expected payments for landscaping supplies. GREEN LANDSCAPING INC. Schedule of Expected Payments for Landscaping Supplies For the Quarter Ending March 31, 2020 January February March Quarter ber $ 6564 8124 5416 11382 146 16798 21400 its (b) Determine the following balances at March 31, 2020 (1) Accounts recevable $ 65842