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Hammond Company has budgeted purchases of merchandise inventory of ( $ 458,250 ) in January and ( $ 531,000 ) in February. Assume Hammond pays

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Hammond Company has budgeted purchases of merchandise inventory of \\( \\$ 458,250 \\) in January and \\( \\$ 531,000 \\) in February. Assume Hammond pays for inventory purchases \70 in the month of the purchase and \30 in the month after purchase. The Accounts Payable balance on December 31 is \\( \\$ 98,275 \\). Prepare a schedule of cash payments for purchases for January and February. (If an input field is not used in the table leave the input field empty; do not enter a zero.)

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