IC Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Dipenses Payable balance on January 13 $28,400. The budgeted expenses for the next three months are as follows: January February March Salaries $65,300 $79,500 $88,000 Utilities 5,400 6,000 7,100 Other operating expenses 50,300 54,800 60,400 Total $121,000 5140,300 $155,500 Other operating expenses include $3,600 of monthly depreciation expense and $800 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 75% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accred genes balance on January 1 relates to the expenses incurred in December Prepare a schedule of cash payments for operations for January, February, and March EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 30 January February March Payments of prior month's expense Payments of current month's expense Total payments