Tamarisk Company's budgeted sales and direct materials purchases follow. January was the first month of operations. Budgeted sales: January $140,700; February $189,700; March $247,800 Budgeted direct materials purchases: January $39,700; February $35,000; March $39,800 Tamarisk's sales are 35% cash and 65% credit. It collects credit sales 40% in the month of sale, 60% in the month following the sale. Tamarisk's purchases are 40% cash and 60% on account. It pays purchases on account 60% in the month of purchase, and 40% in the month following purchase. Prepare a schedule of expected collections for January, February, and March.Prepare a schedule of expected payments for direct materials for January, February and March