Stuart Books expects to purchase the following supplies: Required purchases (on account) April $108,000 May $128,000 June $140,000 Stuart Books's accountant prepared the following schedule of cash payments for supplies purchases. Stuart Books's suppliers require that 90 percent of purchases on account be paid in the month of purchase; the remaining 10 percent are paid in the month following the month of purchase. Required a. Complete the schedule of cash payments for supplies purchases by filling in the missing amounts. b. Determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter. Accounts payable Stuart Books expects to purchase the following supplies: April $108,000 May 120,000 Required purchases (on account) June $140,000 $128,000 Stuart Books's accountant prepared the following schedule of cash payments for supplies purchases. Stuart Books's suppliers require that 90 percent of purchases on account be paid in the month of purchase; the remaining 10 percent are paid in the month following the month of purchase. Required a. Complete the schedule of cash payments for supplies purchases by filling in the missing amounts. b. Determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter Complete this question by entering your answers in the tabs below. Required A Required B Complete the schedule of cash payments for supplies purchases by filling in the missing amounts. June Schedule of Cash Payments for Supplies Purchases April May Payment for current accounts payable $ 97,200 Payment for previous accounts payable 8,000 Total budgeted payments for supplies $ 105,2001