Pequod Company Has Budgeted Inventory Purchases as Follows The Budget Assumes That 40% of a Given Month's Purchases

Pequod Company has budgeted inventory purchases as follows:
$$\begin{array} { | l | c | c | c | } \hline & \text { Apr } & \text { May } & \text { Jun } \\\hline \text { Budgeted purchses } & \$ 10,000 & \$ 12,000 & \$ 9,000 \\\hline\end{array}$$
The budget assumes that 40% of a given month's purchases are paid in the month of purchase, and the remaining 60% is paid out one month later. Accounts payable to inventory suppliers at March 31 was $5,000. Please use the format below and prepare the budgeted cash payments for inventory purchases.
$$\begin{array} { | l | l | l | l | } \hline \text { Budgeted Cash Payments for Inventory } & \text { Apr } & \text { May } & \text { Jun } \\ \text { Purchases } & & & \\\hline 60 \% \text { of previous month purchases } & & & \\\hline 40 \% \text { of current month purchases } & & & \\\hline \text { Total cash payments } & & & \\\hline\end{array}$$