Marcel 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 Marcel for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. used in the table leave the input field empty; do not enter a zero.) C. January February March Total Cash Payments Direct Materials: Accounts Payable balance, January 1 JanuaryDirect material purchases paid in February February-Direct material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Manufacturing Overhead: Total payments for manufacturing overhead Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Total cash payments Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable 200 January February March Direct materials purchases 3,600 $ 3,800 $ 4,300 Direct labor costs 3,100 3,400 4,000 Depreciation on plant 800 800 800 Utilities for plant 950 950 950 Property taxes on plant 200 200 Depreciation on office 400 400 Utilities for office 350 350 350 Property taxes on office 140 Office salaries 6,000 6,000 6,000 All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, wh are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable Utilities Payable accounts have a zero balance on January 1. 400 140 140