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 $27,000. The budgeted expenses for the next three months are as follows: March February $75,600 5,700 51,400 $132,700 January $83, Salaries Utilities Other operating expenses $62,100 5,100 47,200 $114,400 56 Total $147,1 Other operating expenses include $3,400 of monthly depreciation expense and $800 of monthly 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. Enter all amounts as positive numbers. EastGate Physical Therapy Inc Schedule of Cash Payments for Operations For the Three Months Ending March 31 January February March Payments of prior month's expense 27,000 v Payments of current month's expense Total cash payments Feedback Y Check My Work Calculate cash payments in January, February, and March. Learning Objective 5. Check My Work Previous Assignment Score: 74.06% Email Instructor Save and ExitSubmit t for Grading