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Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $89,000; May, $119,000; and June, $129,000 Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $31,000. Prepare a schedule of budgeted cash payments for April, May, and June ril May June Current month purchases 70% $ 62,300 $ 83,300 $ 90,300 Ending accounts payabl 30% Total purchases $62,300$ 83,300$ 90,300 Zisk Co. Schedule of Cash Payments For April, May, and June April May June Cash payments for: Current month purchases Prior month purchases $62,300$ 83,300$ 90,300 Budgeted cash payments for materials