Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $84,000; May, $114,000; and June, $124,000. Payments are made as follows: 75% in the month of purchase and 25% in the month after purchase. The March 31 balance of accounts payable is $26,000. Prepare a schedule of budgeted cash payments for April, May, and June. June Current month purchases Ending accounts payable Total purchases April May 75% $ 21,000 25% $ 21,000 $ 0 $ Zisk Co. Schedule of Cash Payments For April, May, and June April May June Cash payments for: Current month purchases $ 21,000 Prior month purchases Budgeted cash payments for materials