The following details have been extracted from the budget of a merchandiser.

Commission and salaries expenses are paid 50% in the month to which they relate and the balance in the next month.

Rent and miscellaneous expenses are paid as and when they occur. Insurance is prepaid at the beginning of the quarter. Calculate cash payments for the selling and administrative expenses for the first quarter of the next year.

Rent Expense Depreciation Expense Insurance Expense Miscellaneous Expense Commissions Expense Salaries Expense $8,000 per month $ 3,500 per month $1,250 per month 2% of sales, paid as incurred 10% of sales $7,000 per month Dec Sales $45,000 $50,000 Jan Feb $65,000 March $80,000