Cash disbursements schedule Maris Brothers, Inc, needs a cash disbursement schodule for the months of April, May, and June. Use the format griven here and the following information in iss preparation. Sales: February $481,000; March $482,000; April $542,000, May $626,000, June $660,000, July $626,000 Purchases Purchases are calculated as 62% of the next month's sales, 12\% of purchases are made in cash, 52% of purchases are paid for 1 month atter purchase, and the remaining 36% of purchases are paid for 2 months after purchase. Rent: The fim pays rent of \$7,960 per month Wages and salares. Base wage and salary costs are foed at 56,100 per menth plus a variable cost of 6. B\% of the eurrent month's sales Taxes A tax payment of 554.000 is due in June Fixed asset outiays New equlpment costing $75,500 will be bought and paid for in April Interest payments An interest payment of $29.700 is due in June Cash dondends. Doidends of $12.600 will be paid in Aprl. Principal repayments and retirements No pincipal repayments or retirements are due during these months Cash disbursements schedule Maris Brothers. Inc.. needs a cash disbursement schedule for the months of Aoril. Mav. and June. More info