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 5500,000; March $487,000; April $583,000; May $608,000; June $629,000; July $663,000 Purchases: Purchases are calculated as 65% of the next month's sales, 8% of purchases are made in cash, 51% of purchases are paid for 1 month after purchase, and the remaining 41% of purchases are paid for 2 months after purchase. Rent The firm pays rent of $6,010 per month. Wages and salaries: Base wage and salary costs are fixed at $5,600 per month plus a variable cost of 7.2% of the current month's sales, Taxes: A tax payment of $54,200 is due in June. Fixed asset outiays: New equipment costing $75,100 will be bought and paid for in April. Interest payments: An interest payment of $30.300 is duo in June. Cash dividorids: Dividends of $12,400 will be paid in April Principal repayments and retirements: No principal repayments or retirements are due during these months. Sales Disbursements Purchases Cash $ $ 1 month delay 2 month delay Rent $ $ $ Wages and salary Fixed Variable Taxes Fixed assets Interest $ $ $ $ $ Cash dividends Total