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 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 2016 and expected service revenues for 2017 are November 2016, $91,440; December 2016, $84,110; January 2017, $104,600; February 2017, $124,970; March 2017, $132,960. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2016 and expected purchases for 2017 are December 2016, $18,200; January 2017, $14,500; February 2017, $17,470; March 2017, $22,240. Prepare the following schedules for each month in the first quarter of 2017 and for the quarter in total: Expected collections from clients. Expected payments for landscaping supplies. Determine the following balances at March 31, 2017