Prepare a schedule of expected payments for direct materials for March. (Round answers to 0 decimal places, e.g. 2,500.) NIETO COMPANY Expected Payments for Direct Materials March Total payments Click if you would like to Show Work for this question: Open Show Work Nieto Company's budgated sles end crect meterials purchses are follows. Budgated SalasBudgeted D.M. Purchases January Februar March $251,100 282,800 $35,100 40,100 46,700 Nieto: 55 es are 30% cash and 70 credit. Credit 58 e are collected 10 are p 40% in the month of ouronese, and 60% in th in the mortn o s'e 50% in ths month following sale end 36% in the second onth ollo ng 5 e; 4 ncollectible. Nie o purchases are so cash enc sou on ecco un: Purcheses on eccount 50% month follawing purche se. Frepara a schadula af axpocted collactlana fram customer for March. (Round answars to O doclmal placos, o.g. 2,500.) Prepare a schedule of expected collections from customers for March. (Round answers to 0 decimal places, e.g. 2,500.) NIETO COMPANY Expected Collections from Customers March Total collections