Ch.16 Q1 Submitted 94.75/100 Total points awarded Help Exit You received partial credit in the previous attempt. 9 The MacDonald Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 30 percent of sales, and interest and dividends are $125 per quarter. No capital expenditures are planned. Projected quarterly sales are: 5/10 points awarded Q1 $1,200 Q2 $1,350 Sales Q3 $1,440 Q4 $1,650 Scored Sales for the first quarter of the following year are projected at $1,320. Calculate the company's cash outlays by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Print Q1 Q2 03 Q4 $ 999.99 X $ 975.00 X $ 405.00 1,057.50 X $ 432.00 1,185.0 495.0 360.00 Payment of accounts Wages, taxes, other expenses Long-term financing expenses interest and dividends) Total 125.00 125.00 125.00 125.0 $ 1,484.99 X $ 1,505.00 $ 1,614.50 X $ 1,805.0