Shields Company is preparing its interim report for the second quarter ending June 30. The following payments were made during the first two quarters:

Required:
For each expenditure indicate the amount that would be reported in the quarterly income statements for the periods ending March 31, June 30, September 30, and December31.

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Date Amount JanuarviS 800000 Expenditure Annual advertising Propenty tax for the fiscal yealFebruary 3,.50,000 Annual equipment repairs Extraordinary casualty loss March 2,60,000 Apri 1,85,000 Research and develoentMay 96,000