Complete the cash disbursement schedule for the Maness brother, and schedule of projected cash disbursements

Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here i) and the following information in its preparation. Sales: February $514,000; March $516,000; April $535,000; May $631,000, June $639,000; July $644,000 Purchases. Purchases are calculated as 63% of the next month's sales, 10% of purchases are made in cash, 49% of purchases are paid for 1 month after purchase, and the remaining 41% of purchases are paid for 2 months after purchase. Rent The firm pays rent of $7,970 per month. Wages and salaries. Base wage and salary costs are fixed at $6,000 per month plus a variable cost of 6.9% of the current month's sales. Taxes: A tax payment of $54,700 is due in June. Fixed asset outlays: New equipment costing $74,600 will be bought and paid for in April. Interest payments: An interest payment of $29,700 is due in June. Cash dividends: Dividends of $12,100 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these months. Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar.) Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr May Jun Jul Sales $ $ $ Disbursements Purchases Cash 1 month delay 2 month delay Rent Wages and salary Fixed 69