Homework: HW - Chapter 22 Question 8, 822-10 (similar to) Part 1 of 2 HW Score: 37.5%. 60 of 160 points O Points of 10 Save Yeaman Company budgeted direct materials purchases of 5101,540 in January and 5138,950 in February. Assume Yeaman pays for direct materias purchases 40% in the month of purchase and 80% in the month after purchase. The Accounts Payable balance on January 1 is $20.000 Prepare a schedule of cash payments for purchases for January and February Rourd to the rear dolar. Begin by computing the totalcoh payment for direct materials for January and Pebruary Then, compute the Accounts Payable balance at February 20. (Round al amount or to the budget to the nearest whole coat an input field is not used in the table leave the input folderypty, do not entera 200) Cash Payments January February Toul direct manis purchases 197640 138950 January February Cash Payments Direct Materials: Accounts Payable balance January 1 Jan-Jan direct material purchases paid in Jan Jan-Jan direct material purchases paid in Feb Feb-feb direct material purchases paid in Feb Total payments for direct materials