Vivian Bookss accountant prepared the following schedule of cash payments for inventory purchases. Vivian Bookss suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase.

Required a. Complete the schedule of cash payments for inventory purchases by filling in the missing amounts.

b. Determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.