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 recelving service. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019,893,450; December 2019,$84,870, January 2020, $103,910; February 2020, $123,360; and March 2020, $133,910, 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.$19,810; January 2020, $16,440; February 2020, $18,390, and March 2020. $21,630 (a) Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: GREEN LANDSCAPING INC. Schedule of Expected Collections From Clients January February March Quarter November $ $ $ s December January February March Total collections $ GREEN LANDSCAPING INC. Schedule of Expected Payments for Landscaping Supplies January February March Quarter December $ $ January February March $ S Total payments $ (b) Determine the following balances at March 31, 2020: (1) Accounts receivable $ (2) Accounts payable