Zisk Company purchases direct materials on credit. Budgeted purchases are April, $88,000; May, $118,000; and June, $128,000. Cash payments for purchases are: 75% in the month of purchase and 25% in the first month after purchase. Purchases for March are $78,000 Prepare a schedule of cash payments for direct materials for April, May, and June. ZISK COMPANY June Schedule of Cash Payments for Direct Materials April May Materials purchases Cash payments for: Total cash payments