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 533,200 . The budgeted expenses for the next three months are as follows: Other operating expenses include $4,200 of monthly depreciation expense and $900 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 80% are paid in the month in which they are incurrnd, with the rernainder paid in the following month. The Accued Expenses Payable balance on lanuary 1 relates to the expenses incurred in December. Prepare a schedule of cash payments for operations for January, February, and March