Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $100,000; May, $130,000; and June, $140,000 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 $42,000 Prepare a schedule of budgeted cash payments for April, May, and June April May June 75% Current month purchases Ending accounts payable Total purchases 25% $ 0 $ 0 $ 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