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Hardy Company reports budgeted merchandise purchases below. For those purchases, 40% of a month's purchases is paid in the month of purchase, and 60% is

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Hardy Company reports budgeted merchandise purchases below. For those purchases, 40% of a month's purchases is paid in the month of purchase, and 60% is paid in the first month after purchase. Prepare the schedule of cash payments for merchandise purchases for September and October Budgeted merchandise purchases August 191,000 September 102,000 October 150,000 HARDY COMPANY Schedule of Cash Payments for Merchandise Purchases September October Merchandise purchases $ 182,000 $ 150,000 Cash payments for Current period purchases Prior period purchases Total cash payments for merchandise purchases $ $ 0

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