Hagen Company's budgeted sales and direct materias purchases are as follows Budgetud Sale Budgeted D.M. Purchases January $300,000 560,000 February 330,000 90,000 Moron 350,000 80,000 Hagenes sales are cash and credit Credits are collected to in the month of a 50% in the month following sale, and 36% in the second month following sales cecile Hogen's purchase ore 50% cast and 50% on account Purchases on account are paid 40 in the month of purchase, and to in the mainth following purchase. Prepare a schedule of expected collection from customers for March HAGEN COMPANY Expected Collections from Customers March Marchi Casti Sales Collection of March Credit Sales dion of our rot Sale Call of Duty Credit Sales Collection of February Credit Sales Collection of January Credit Sales Total Collections Prepare a schedule of expected payments for direct materials for March. HAGEN COMPANY Expected Payments for Direct Materials March March Cash Purchases Payment of March Credit Purchases Payment of February Credit Purchases Total Payments Click if you would like to Show Work for this question: Open Show Work