Wight Inc. purchases raw materials on account for use in production. The direct materials purchases budget shows the following expected purchases on account:

Month	Amount
April	$374,500
May	411,700
June	415,800

Wight typically pays 40% on account in the month of billing and 60% the next month.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Required:

1. How much cash is required for payments on account in May?

2. How much cash is expected for payments on account in June?