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 Sales: February $476,000; March $475,000; April $536,000; May $610,000; June $665,000; July $658,000 Purchases: Purchases are calculated as 58% of the next month's sales, 10% of purchases are made in cash, 52% of purchases are paid for 1 month after purchase and the remaining 38% 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 $5,700 per month plus a variable cost of 6.6% of the current month's sales. Taxes: A tax payment of $54,500 is due in June. Fixed asset outlays: New equipment costing $74,500 will be bought and paid for in April. Interest payments: An interest payment of $30,400 is due in June. Cash dividends: Dividends of $12,500 will be paid in April. Principal repayments and rotiroments: No principal repayments or retirements are due during these months Feb Mar Apr Jun Jul ay of the 1 month delay 2 month delay Wages and salary ts o Fixed a 1 Variable Taxes Fixed assets Cash dividends Total