Requirement 4. Prepare a cash payments budget for the direct material purchases from Requirement 3. (Round your answers to the nearest whole dollar.) Dalley Manufacturing Cash Payments for Direct Materials Budget For the Quarter Ended March 31 Data Table Month January FebruaryMarch Quarter Current Assets as of December 31 (prior year): Cash 20% of current month DM purchases 80% of last month's DM purchases Total cash payments Requirement 5. Prepare a cash payments budget for direct labor 4,500 $49,000 . . $ 15,300 $124.000 $42,400 Accounts receivable, net Inventory Property, plant, and equipment, net Accounts payable Capital stock Retained earnings Dalley Manufacturing Cash Payments for Direct Labor Budget For the Quarter Ended March 31 $125,500 $22,800 Month Print Done January February March Quarter Total cost of direct labor