Swaity Company prepares monthly cath bodgets. Rulevant data from operating budgets for 2022 are as followi. Otwerdats. 1. Credit sales taventbe 2021.1230000 Decheser 2021,3345,000. 7. Purchast of isrett materale Oriminter ho21, 8104000 1. Creditsion November 2021,$270,000, December 2021,5345,800 2. Purchses of directinateriah: December 2021.5100.000, 3. Oitse receipts January - Colvection of December 01,2021 , notes receivabie $16,200. February-Pinceds from sale of securities 56490 4. Other disbursemente Fetruary - Pivment of 36460cmh divident Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases for January and February. SWIFTY COMPANY Schedule of Expected Collections from Customers November December january February Total collections $ SWIFTYCOMPANY Schedule of Expected Payments for Direct Materials December January February Total payments $