Wrrent Attempt in Progress Green Landscaping Inc. is preparing its budget for the first quarter of 2020 . The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receivingservice. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019, \$93,280; December 2019, \$84,030; January 2020.\$102,060; February 2020, \$123,830; and March 2020, \$132,290. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $16,950; January 2020, $17,820; February 2020, 517,750 : and March 2020,519,030 (a) Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. lis Determine the following balances at March 31, 2020: (1) Accounts receivable $ (2) Arcounts payable $