Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $34,400. The budgeted expenses for the next three months are as follows: Salaries Utilities January February March $79,100 $96,300 $106,600 6,500 60,900 66,400 73,100 7,200 8,600 Other operating expenses $146,500 $169,900 $188,300 Total Other operating expenses include $4,300 of monthly depreciation expense and $1,000 of montbly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 75% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in December. 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 Ending March 31 Payments of prior month's expense Payments of current month's expense Total cash payments January February March