Torres Co$.$ forecasts merchandise purchases of $$14,800$ in January, $$18,600$ in February, and $$22,200$ in March; $50\%$ of purchases are paid in the month of purchase and $50\%$ are paid in the following month. At December $31$ of the prior year, the balance of Accounts Payable $($for December purchases$)$ is $$24,000.$

Prepare a schedule of cash payments for merchandise for each of the months of January, February, and March.

$\backslash$table$[[$TORRES CO$.],[$Cash Payments for Merchandise $($Budgeted$)],[$For January, February, and March$],[,,$nuary,February,March$],[$Cash payments for current month's purchases,,$14,800,$$$,18,600,$$$22,200$