3 Hector Company reports the following Sales Purchases 16,000 $24,800$28,000 9,120 13,68016,00 points Skipped Payments for purchases are made in the month aner purchase selling sales, and both are paid in the month of sale. Rent expense of $1,500 Is paid monthly Depreciation expense is $1,400 per month expenses are 17%of sales, administrative expenses are 8% of Prepare a schedule of budgeted cash payments for August and September eBook Budgeted Cash Payments Hint For August and September August Se Print Payments for References