January February March $ 3,500 $ 4,300 $ 4,900 Direct materials purchases Direct labor costs 3,400 3,000 3,700 700 700 700 850 850 850 Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office 310 310 310 500 500 500 Utilities for office 460 460 460 Property taxes on office 100 100 100 Office salaries 3,000 3,000 3,000 All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1. Carmen Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Carmen for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (lf a box is not used in the table leave the box empty; do not enter a zero.) January February March Total Cash Payments Direct Materials: Accounts Payable balance, January 1 JanuaryDirect material purchases paid in February FebruaryDirect material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor