The Flelding Company is preparing its cash payments budget. The following items relate to cash payments the company anticipates making during the second quarter of the upcoming year. Q. (Click the icon to view the cash payment information.) Requirement Propare a cash payments budget for Apri. May, and June and for the quartec, (Hf a box is not used in the table leave the box empty; do not enter a zoro.) a. The company pays for 50% of its direct materials purchases in the month of purchase and the remainder the following month. The company's direct material purchases for March throuah dune ara antiaimat.A.. L- as follows: b. wneu nour is pasa in the month in which it is inn irred. Direct labor for each month of the second quarter is budgeted as follows: c. Manutacturing overhead is estimotod to be 150% of direct labor cost each month. This monthly estimate includes $37,000 of depreciation on the plant and equipment. All manufacturing overhead (excluding depreciation) is paid in the month in which it is incurred. d. Monthly operatina expenses for Marrh thm int .............. . as follows: munvey operanng expenses are paid in the month after they are incurred. Monthly operating expenses inciude $14,000 for monthly depreciation on administrative oflices and equipment, and $2,700 for bad debt expense. 6. The company plans to pay $5,000 (cash) for a now server in May. f. The company must make an estimated tax payment of $12,000 on June 15 The Flelding Company is preparing its cash payments budget. The following items relate to cash payments the company anticipates making during the second quarter of the upcoming year. Q. (Click the icon to view the cash payment information.) Requirement Propare a cash payments budget for Apri. May, and June and for the quartec, (Hf a box is not used in the table leave the box empty; do not enter a zoro.) a. The company pays for 50% of its direct materials purchases in the month of purchase and the remainder the following month. The company's direct material purchases for March throuah dune ara antiaimat.A.. L- as follows: b. wneu nour is pasa in the month in which it is inn irred. Direct labor for each month of the second quarter is budgeted as follows: c. Manutacturing overhead is estimotod to be 150% of direct labor cost each month. This monthly estimate includes $37,000 of depreciation on the plant and equipment. All manufacturing overhead (excluding depreciation) is paid in the month in which it is incurred. d. Monthly operatina expenses for Marrh thm int .............. . as follows: munvey operanng expenses are paid in the month after they are incurred. Monthly operating expenses inciude $14,000 for monthly depreciation on administrative oflices and equipment, and $2,700 for bad debt expense. 6. The company plans to pay $5,000 (cash) for a now server in May. f. The company must make an estimated tax payment of $12,000 on June 15