Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here i and the following information in its preparation. Sales: February $496,000; March $520,000; April $564,000; May $635,000; June $675,000; July $665,000 Purchases: Purchases are calculated as 63% of the next month's sales, 10% of purchases are made in cash, 46% of purchases are paid for 1 month after purchase, and the remaining 44% of purchases are paid for 2 months after purchase Rent: The firm pays rent of $8,030 per month. Wages and salaries: Base wage and salary costs are fixed at $6,400 per month plus a variable cost of 6.9% of the current month's sales. Taxes: A tax payment of $54,300 is due in June. Fixed asset outlays: New equipment costing $75,200 will be bought and paid for in April. Interest payments: An interest payment of $30,500 is due in June. Cash dividends: Dividends of $12,700 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 Disbursements More Info X - 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 Print Done