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 $500,000; March $500,000; April $560,000; May $610,000; June $650,000: July $650.000 Purchases: Purchases are calculated as 60% of the next month's sales, 10% of purchases are made in cash, 50% of purchases are paid for 1 month after purchase, and the remaining 40% of purchases are paid for 2 months after purchase Rent: The firm pays rent of $8,000 per month. Wages and salaries: Base wage and salary costs are fixed at $6,000 per month plus a variable cost of 7.0% of the current month's sales. Taxes: A tax payment of $54,500 is due in June. Fixed asset outlays: New equipment costing $75,000 will be bought and paid for in April. Interest payments: An interest payment of $30,000 is due in June. Cash dividends: Dividends of $12,500 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these months. Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar.) May Jun Jul Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr Sales Ds CD Disbursements Purchases Cash 1 month delay 2 month delay Rent Wages and salary Fixed Variable Taxes Fixed assets Interest Cash dividends Total Disbursements Jun Jul A Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr May Sales Disbursements Purchases Cash 1 month delay 2 month delay Rent Wages and salary Fixed Variable Taxes Fixed assets Interest Cash dividends Total Disbursements