Cash Outflows

Salaries are $$8,250$ per month. Labour and outside contractors average $$2,100$ per month for

most of the year, but $$11,000$ per month in June, July, and August. Supplies and materials

purchases are normally $$4,800$ per month, but that number triples in June, July, and August.

The company pays for supplies and materials one month after they purchase them. Utilities

average $$75$ per occupied apartment. Only half of the $50$ contracted apartments are actually

occupied in June, July, and August. The company pays utilities in the following month.

Payments of $$148,000$ on debt, $$32,640$ for property taxes, and $$15,460$ for insurance are due

in the last month of each quarter.

Complete the following table of cash outflows for the months of July, August, and

September: