Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $80,000: M Payments are made as follows: 70% in the month of purchase and 30% inthe month after purchase. The March 31 balance of accounts payable is $22,000. Prepare a schedule of budgeted cash payments for Apri, May, and June. April 70% Schedule of Cash Payments For April, May, and June Current month purchases Prior month purchases