Badgrindly selling and anaishax Salary Expense (and) Sales Comm Ulmes (Fed) Miocene f 3% of Sales 2% of Sales $1,400 The capital expenditures budget shows that ABC Com purchase $100.000 Last The equipment per allows a tharty-day wal period ABC Company will pay for the equipment in Tary 31 The squipment is expected to have a 10-year weful life and a $30,000 salvage value Prepara seling and atrative expor budget Sales cons and stilities are paid is the meth after the moth which they are incumed All other espesses are pad in the they are cured Prepare s schedule of cash pes for selling and adative expenses Use the afation developed a requirements and to determine the art of payable, unes peable and accumulated depercition on the sales com March 31 po a balance sheet and the amount of selling and gee n de first quarter peo forma gh. i. S&A Expense Budget, Schedule of Cash Payments for S&A Selling and Administrative (S&A) Expense Budget PROJECTED S&A EXPENSES Salary Expense Sales Commissions Supplies Expense Utilities Depreciation on Equipment Rent Muscellaneous S&A Expenses before Interest Jan Feb Mar Pro Forma Stimmt. Data (a) (b) (c) SCHEDULE OF CASH PAYMENTS FOR S&A EXPENSES Salary Expense Sales Commissions Supplies Expense Utilities Kent Depreciation on Equipment Miscellaneous Total Payments for S&A Expenses (a) Sales commissions payable balance on March 31 pro forma balance sheet (b) Utilities payable balance on March 31 pro forma balance sheet (c) Accumulated depreciation balance on March 31 pro forma balance sheet (sum of monthly amounts) 6) S&A expense on first quarter pro forma income statement (sum of monthly amounts), (d)