Ultravision Inc. anticipates sales of S430,000 from January through April. Materials will represent 50 percent of sales, ancl because of level production, material purchases will be equal for each month during the four months of January, February, March, and April. Materials are pald for one month after the month purchased. Materlals purchased in December of last year were $39,000 (haf of $78,000 in sales). Labor costs for cach of the four months are slightly different due to provision n the labor contract in which bonuses are paid in February and April The labor tigures are Jonuary February March pril Fixed overhead is $25,000 per month Prepare a schedule of cash payments for January through April. (Assume the $430,000 of sales occur equelly over the four months of January through April, i.e. Monthly sales $430,000 4.) Cash Payment Schedule January February March April Monthly matarial purchasa Payment to material purchhases Montnly labor cost Monthly fooed overhead Totsl cegh payments