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Marcel Company has the following projected costs for manufacturing and selling and administrative expenses: ...

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Accounting

Marcel Company has the following projected costs for manufacturing and selling and administrative expenses:
(Click the icon to view the projected costs.)
Prepare a schedule of cash payments for Marcel for January, February, and March. Determine the balances in Prepaid Property Taxes, Accounts Payable, and Utilities Payable as of March 31.(Assume the company started operations in January. If an input field is not used in the table leave the input field empty; do not enter a zero.)
Data table
\table[[,,inuary F,February,March],[Direct materials purchases,$,3,100$,3,500$,4,800],[Direct labor costs,,3,300,3,500,3,600],[Depreciation on plant,,550,550,550],[Utilities for plant,,650,650,650],[Property taxes on plant,,200,200,200],[Depreciation on office,,550,550,550],[Utilities for office,,250,250,250],[Property taxes on office,,170,170,170],[Office salaries,,3,500,3,500,3,500]]
All costs are paid in month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1.
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