Cash Inflows David is responsible for 200 rental units: 75% are direct rentals at $625 per month, and 25% are contracted to a university at $475 each per month. Direct rentals pay on the first of the month, and the university makes quarterly payments at the end of each quarter, regardless of whether the apartments are occupied. Rents are scheduled to increase by 5.5% in September; the increase will affect both direct rentals and the university's payment at the end of the month. Rental companies must segregate security and damage deposits from operating funds and return them to tenants with interest when they vacate apartments, so these funds are not included in the budget, but David nonetheless assumes an average damage assessment of $120 per vacating tenant. These funds become available in the following month and should contribute $9,000 to cash flows in July, $3,000 in August, and $3,000 in September. 1. Complete the following table of cash inflows for the months of July, August, and Sentember