Torres Co. forecasts merchandise purchases of $15,800 in January, $18,600 in February, and $20,200 in March; 40\% of purchases are paid in the month of purchase and 60% are paid in the following month. At December 31 of the prior year, the balance of Accounts Payable (for December purchases) is $25,000. Prepare a schedule of cash payments for merchandise for each of the months of January, February, and March