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 $32,200. The budgeted expenses for the next three months are as follows: January February March Salaries $74,100 $90,200 $99,800 Utilities 6,100 6,800 8,100 Other operating expenses 57,100 62,200 68,500 Total $137,300 $159,200 $176,400 Other operating expenses include 54,000 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, 70% 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 January February March Payments of prior months expense Payments of current month's expense Total cash payments Direct Materials Purchases Budget Anticipated sales for Safety Grip Company were 63,000 passenger car tires and 19,000 truck tires, Rubber and steel belts are used in producing passenger car and truck tires as follows: Passenger Car Truck Rubber 33 lbs. per unit 77 lbs. per unit Steel belts 6 lbs. per unit 15 lbs. per unit The purchase prices of rubber and steel are $3.00 and $3.90 per pound, respectively. The desired ending inventories of rubber and steel belts are 59,000 and 13,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 69,000 and 10,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2019. Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2019 Rubber Steel Belts Total Pounds required for production: Passenger tires Truck tires Desired Inventory, December 31, 2019 Total pounds available Estimated Inventory, January 1, 2019 Total units purchased Unt price Total direct materials to be purchased