Schedule of cash payments for a service company EastGate Physical Therapy Inc. is planning lts cash payments for operations for the first quarter (Janiaary-March). The Accrued Expenses Payable balance on January 1 is $34,400, The budocted expenses for the next three months are as follows: Other operating expenses include $4,300 of monthly depreciation expense and $2,000 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the rematning expenses, 70% are paid in the month in which they are incurred, with the remainder pald in the following month. The Accried Expenses Payable balanct on January 1 relates to the expenses incurred in December. Prepare a schedule of cash payments for, operations for January, February, and Mareh. Prepare a schedule of cash payments for operations for January, February, and March. EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Endina March 31