Question: Skip to Main contentQuestion 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question content area topPart 1 BarnesBarnes

Skip to Main contentQuestion 1Question 2Question 3Question 4Question 5Question 6Question 7Question 8Question content area topPart 1BarnesBarnes Company budgeted direct materials purchases of $ 191 comma 990$191,990 in JanuaryJanuary and $ 138 comma 610$138,610 in FebruaryFebruary. Assume BarnesBarnes pays for direct materials purchases 6060% in the month of purchase and 4040% in the month after purchase. The Accounts Payable balance on JanuaryJanuary 1 is $ 75 comma 000$75,000. Prepare a schedule of cash payments for purchases for JanuaryJanuary and FebruaryFebruary, including the calculation for the Accounts Payable balance on FebruaryFebruary 2828. Round to the nearest dollar.

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