warded 37:44 ed Zisk Company purchases direct materials on credit. Budgeted purchases are April, $80,000; May, $110,000; and June, $120,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $70,000. Prepare a schedule of cash payments for direct materials for April, May, and June. ZISK COMPANY Schedule of Cash Payments for Direct Materials Materials purchases Cash payments for Current period purchases Prior period purchases Total cash payments $ April May June 56,000 $77,000 $ 84,000 56,000 $ 77,000 $ 84,000. 70,000 33,000 36,000 126,000 $ 110,000 $ 120,000 Rad text indicates no response was expected in a cell or a formula-based calculation is incorrect, no points deducted