Ivanhoe Landscaping Inc. is preparing its budget for the first quarter of 2022. The next step is to prepare a cash receipts schedule and a cash payments schedule. The following information has been collected: 1. Clients usually pay 50% of their fee in the month when the service is provided, 40% the next month, and 10% in the second month after receiving the service. 2. Actual service revenues for 2021 and expected service revenues for 2022 are as follows: November 2021, $91,000; December 2021,\$70,000; January 2022,\$109,000; February 2022, \$122,000; and March 2022, \$128,000. 3. The company pays for purchales of landscaping supplies (direct materials) 60% in the month of purchase and 40% the following month. Actual purchases for 2021 and expected purchases for 2022 are: December 2021,$13,000; January 2022, \$12,000; February 2022, \$15,000; and March 2022, \$20,000. Determine the following balances at March 31, 2022. Accounts receivable Accounts payable $