Zisk Company purchases direct materials on credit. Budgeted purchases are April, $95,000; May, $125,000; and June, $135,000. Cash payments for purchases are: 75% in the month of purchase and 25% in the first month after purchase. Purchases for March are $85,000. Prepare a schedule of cash payments for direct materials for April, May, and June. ZISK COMPANY Schedule of Cash Payments for Direct Materials