Maynard 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 Maynard for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Payments Direct Materials: Accounts Payable balance, January 1 January February March Total Data table January February March January-Direct material purchases paid in February 3,400 Direct materials purchases $ 3,400 $ 4,500 $ 4,300 FebruaryDirect material purchases paid in March 4,500 3,400 4,500 $ 7,900 Direct labor costs 3,200 3,100 3,800 Total payments for direct materials Depreciation on plant 500 500 500 Utilities for plant 650 650 650 Direct Labor: Total payments for direct labor Property taxes on plant 120 120 120 3,200 3,100 3,800 10,100 Depreciation on office 350 350 350 Utilities for office 450 450 450 Manufacturing Overhead: Utilities for plant Property taxes on office 160 160 160 650 650 1,300 Office salaries 2,500 2,500 2,500 Property taxes on plant Total payments for manufacturing overhead 650 650 Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Total cash payments 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. Print Done