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Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepare a cash

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Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepare a cash recelpts schedule and a cash payments schedule. To that end the following information has been collected Dents usually pay 60% of their fee in the month that service is performed, 30% the month Actual service revenue for 2016 and expected service revenues for 2017 are November 2016, $93,590; December 2016, after, and 10% the second month after receiving service. $82,600; January 2017, $104,410; February 2017, $122,360; March 2017, $134,050 Purchases of landscaping supplies (direct materials are paid 60% in the month of pu chase and 40% the following month. Actual purchases for 2016 and expected purchases for 2017 are December 2016, $18,580; January 2017, $13,310; February 2017, S7,6S0; March 2017, S20,i40 Prepare the following schedules for each month in the first quarter of 2017 and for the quarter in total: (1) Expected collections from dlients EEN Schedule of Expected Collections From Clilents January February March Quarter January February March Total collections s

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