Zisk Company purchases direct materials on credit. Budgeted purchases are April, $92,000; May, $122,000; and June, $132,000. Cash payments for purchases are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $82,000. Prepare a schedule of cash payments for direct materials for April, May, and June. Matenals purchases ZISK COMPANY Schedule of Cash Payments for Direct Materials Cash payments for Current period purchases Prior period purchases Total cash payments April May June