April Schedule of cash payments for a service company Horizon Financial Inc. was organized on February 28 Projected selling and administrative expenses for each of the first three months of operations are as follows March 5163,900 154,100 May 140,200 Deprecation, insurance, and property taxes represent $35.000 of the estimated monthly expenses. The insurance premium was paid on February 28, and property taxes for the year will be paid in June. 69% of the remainder of the expenses repected to be paid in the month in which they are curred, with the balance to be in the following month Prepare a schedule of cash payments for setting and administrative expenses for Marth, or any Excel Learning Systems Inc. Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending May 31 March April Hay Marches Paid March Paldini Arts Paid in April Paid in Hai May expens Polda May the ci permanes 000