Matthew Young is one of Texas's premiere party planners. She purchases a variety of supplies, such as plastic tableware, stemware, and decorations, throughout the year. Matthew has prepared the following purchases budget for the coming year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted purchases $200,000 $460,000 $475,000 $555,000 Historically, Matthew has paid for 40% of her purchases in the quarter of purchase and 60% in the quarter following purchase. On December 31 of this year Matthew had a $250,000 accounts payable balance. Prepare Matthew's cash payments budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter O.) A/P from last year 1st quarter purchases 2nd quarter purchases 1st Quarter EA $ 3rd quarter purchases 4th quarter purchases Total $ +A Calculate the accounts payable balance at the end of 4th Quarter. Accounts Payable balance at the end of 4th Quarter $ +A $ 2nd Quarter 3rd GA $ +A $