• $100,600

• $105,800

• $98,700

• $95,200

October November December Budgeted S&A Expenses Salary Expense 38,000 38,500 39,000 Sales Commissions 5% of Sales 19,000 19,500 19,300 Insurance Expense 16,000 16,000 16,000 Rent 19,200 19,200 19,200 Depreciation on equipment 22,500 22,500 22,500 Utilities 2,500 2,700 2,900 Total Operating Expenses 117,200 118,400 118,900 Schedule of Cash Payments for S&A Expenses Salary Expense ? 38,500 ? 100% of Prior Month Sales 19,100 ? ? Commissions Insurance Expense 16,000 16,000 16,000 Rent ? ? 19,200 100% of Prior Months Utilities 2,600 ? ? Expense Total Payments for S&A Expenses ? ? The amount of cash paid for S&A expenses during the month of November is