Shetheld Landscaping Inc. is preparing its budget for the first quarter of 2022. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end, the following information has been collected Clients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receiving service Actual service revenue for 2021 and expected service revenues for 2022 are November 2021, $104,000: December 2021, $117.000 January 2022, $130,000: February 2022 $156,000; and March 2022. $182,000. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2021 and expected purchases for 2022 are December 2021. $18,200, January 2022, 515,600, February 2022, $19.500; and March 2022,523,400 (a) Prepare the following schedules for each month in the first quarter of 2022 and for the quarter in total: (1) Expected collections from clients. SHEFFIELD LANDSCAPING INC. Schedule of Expected Collections From Clients January February March Quart November $ December January February Schedule of Expected Payments for Landscaping Supplies January February March Quart December $ $ January February March Total payments $ $ $ (b) Determine the following balances at March 31, 2022. (1) Accounts receivable $ (2) Accounts payable VA $ e Textbook and Media