A restaurant reported the following information for the months of August, September, and October, Year 0008. Of the cost of sales, 75% is paid in the current month and the remainder is paid in the following month. Of the operating expenses, 98% is paid in the current month and the remainder in the following month.

Calculate the total cash payments for the months of September and October, Year 0008.LO1

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August September October Sales revenue Cost of sales $48,400 $49,880 $51,200 (18,392) ( 18,954) Operating expenses Operating income (24,684) $ 5,324 ( 25,439) $ 5,487 (19,456) ( 26,112) $ 5,632