answer please

The Denver Corporation has forecast the following sales for the first seven months of the year January February March April May June July $ 14,000 16,000 18,000 24,000 14,000 20,000 22,000 Monthly material purchases are set equal to 35 percent of forecast sales for the next month of the total material costs 45 percentare paid in the month of purchase and 55 percent in the following month Labor costs will run $4.400 per month and feed ads $4.000 per month. Interest payments on the debt will be $3,400 for both March and June. Finally, the Denver Salesforce were 2.50 percent commission on total sales for the first six months of the year to be paid on June 30 Prepare a monthly summary of cash payments for the six-month period from January through June. (Note: Compute prior December purchases to help getro al material payments for January) Denver Corporation Cash Payments Schedule ut pouf June 30. epare a monthly summary of cash payments for the six-month period from January through June. (Note: Compute prior December archases to help get total material payments for January) Denver Corporation Cash Payments Schedule February March December January Apell May June July Sales Purchases Payment to material purchases Monthly labor cos! Monthly foxed overhead Interest expense Sales commission expense Total payments 5 os 05 05 DUS 03