Nieto Companys budgeted sales and direct materials purchases are as follows.

		Budgeted Sales		Budgeted D.M. Purchases
January		$ 257,400		$ 40,500
February		294,900		37,800
March		257,100		50,800

Nietos sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible. Nietos purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (Round answers to 0 decimal places, e.g. 2,500.)

Nieto Compa's budlgeted sles and drect matera purchases are an follw Jenuary 5257400 March 57 100 Prepare a schedule of expected collections from customers for March. (Rou NIETO COMPANY Expected Collections from Customers Total collections Prepare a schedule of expected payments for direct materials for March (R NIETO COMPANY Expected Payments for Direct Materials March Total payments