Langley Company has provided the following budget information for the first quarter of 2024: Click the icon to view the budget information) Part 1 of 5 Points: 0 of 1 Save sinyu Additional data related to the first quarter of 2024 for Langley Company (Click the icon to view the data) Read the cement Requirement 1. Prepare Langley Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2024 Begin by preparing the schedule of cash receipts from customers for the first quarter of 2024 Cash Receipts from Customers Total sales Cash Receipts from Customers Accounts Receivable balance, December 31, 2023 1st Q-Sales Total cash receipts from customers Accounts Receivable balance, March 31, 2024: 1st Q-Sales, collected in 2nd Qtr. First Quarter 2024 218000 Help me solve this Demodocs example Get more help. Data table Total 218,00 Budgeted purchases of direct materials 40.45 Budgeted direct labor cost 37,00 Budgeted manufacturing overhead costs Variable manufacturing overhead 1.22 Depreciation 90 Insurance and property taxes 6,55 Budgeted selling and administrative expenses Salaries expense 10.00 Rent expense 550 120 Insurance expense Depreciation expense Supples expense 60 10.00