The Giscome Corporation’s purchases from suppliers in a quarter are equal to 75% of the next quarter’s forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20% of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned. Projected quarterly sales are shown here: 

Sales for the first quarter of the following year are projected at $2,380. Calculate the company’s cash outlays by completing the following: 

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Sales Q1 Q2 $1,970 $2,315 Q3 $1,930 Q4 $1,740