Zisk Co, purchases raw materials on account. Budgeted purchase amounts are April, $96,000; May, $126,000; and June, 5136,000 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 $38,000 Prepare a schedule of budgeted cash payments for April, May, and June April May June Current month purchases Ending accounts payable Total purchases 70% 30% 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 May June