Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April. $80,000: May, $110,000; and June, $120,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $22.000 Prepare a schedule of budgeted cash payments for April, May, and June April May June 70% Current month purchases Ending accounts payable Total purchases 30% May June ZISK CO. Schedule of Cash Payments For April, May, and June April Cash payments for Current month purchases Prior month purchases Budgeted cash payments for materials