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Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here and

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Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here and the following information in its preparation. Sales: February $489,000; March $486,000; April $557,000; May $592,000; June $642,000; July $670,000 Purchases. Purchases are calculated as 58% of the next month's sales, 12% of purchases are made in cash, 54% of purchases are paid for 1 month after purchase, and the remaining 34% of purchases are paid for 2 months after purchase. Rent: The firm pays rent of $7,990 per month. Wages and salaries: Base wage and salary costs are fixed at $6,000 per month plus a variable cost of 6.8% of the current month's sales. Taxes: A tax payment of $54,300 is due in June. Fixed asset outlays: New equipment costing $74,800 will be bought and paid for in April. Interest payments: An interest payment of $30,500 is due in June. Cash dividends: Dividends of $13.000 will be paid in April. Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar.) Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr Sales $ $ $ May Jun Jul Enter any number in the edit fields and then click Check Answer. 2 parts Clear All Check Answer remaining Tools ere to search

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