The Prince Albert Corporation has forecast the following sales for the first seven months of the year. Monthly material purchases are set equal to 25 percent of forecasted sales for the next month. Of the total material costs, 30 percent are paid in the month of purchase and 70 percent are paid in the following month. Labour costs will run $5,700 per month, and fixed overhead is $10,500 per month. Interest payments on the debt will be $4,700 for both March and June. Finally, the Prince Albert sales people will receive a 1.5 percent commission on total sales for the first six months of the year, to be paid on June 30. Prepare a monthly summary of cash payments for the six months from January through June. (Note: Compute prior December purchases to help get total material payments for January.) th ont tota material paymeats for Januatyl