Please answer the question correctly from the picture below:

6 ACC212 Lab #7 Question 4 of4

12 La b Question 4 of 4 View Policies Current Attempt in Progress I ndigo Landscaping I nc. is preparing its budget for the first quarter of 2022. The next step is to prepare a cash receipts schedule and a cash payments schedule. The following information has been collected: 1. 2. 3. Clients usually pay 50% of their fee in the month when the service is provided, 40% the next month, and 10% in the second month after receiving the service. Actual service revenues for 2021 and expected service revenues for 2022 are as follows: November 2021, $92,000; December 2021, $70,000; January 2022, $110,000; February 2022, $120,000; and March 2022, $128,000. The company pays for purchases of landscaping supplies (direct materials) 60% in the month of purchase and 40% the following month. Actual purchases for 2021 and expected purchases for 2022 are: December 2021, $16,000; January 2022, $12,000; February 2022, $14,000; and March 2022, $22,000. Prepare the following schedules for each month in the first quarter of 2022 and for the quarter in total. (1) Schedule of expected collections from clients.