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Elwood 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 Elwood for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31. (If an input field is not used in the table leave the input field empty; do not enter a zero.) Data Table Cash Payments Direct Materials: Accounts Payable balance, Jan January-Direct material purcha FebruaryDirect material purch Direct materials purchases January February March $ 3,300 $ 3,900 $ 4,100 3,200 3,000 3,800 Direct labor costs Total payments for direct mat 600 600 600 720 720 720 Direct Labor: 350 350 350 Total payments for direct labd Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries 150 150 150 630 630 630 140 140 140 4,000 4,000 4,000 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. January February March Total Cash Payments Direct Materials: Accounts Payable balance, January 1 January-Direct material purchases paid in February February-Direct material purchases paid in March Total payments for direct materials Direct Labor: Total payments for direct labor Manufacturing Overhead: Total payments for manufacturing overhead Selling and Administrative Expenses: Total payments for Selling and Admin. expenses Total cash payments Acccount balances, March 31: Prepaid Property Taxes Accounts Payable Utilities Payable