Schedule of cash payments for a service company OBJ. 5 EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January–March), 2017. The Accrued Expenses Payable balance on January 1 is

$15,000. The budgeted expenses for the next three months are as follows:

January February March Salaries $56,900 $ 68,100 $ 72,200 Utilities 2,400 2,600 2,500 Other operating expenses 32,300 41,500 44,700 Total $91,600 $112,200 $119,400 Other operating expenses include $3,000 of monthly depreciation expense and $500 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 70% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in December.

Prepare a schedule of cash payments for operations for January, February, and March.