Each month, $150 is available in petty cash funds for small office expenditures. Expenses paid from petty cash during the month are listed here.

Postage - $26.00

office supplies - $46.25

delivery charge - $9.50

physicians parking fee - $12.00

1. What is the total for expenditures for the month from petty cash?

2. What is the balance, after expenditures , of petty cash? 3. How much is needed to replenish petty cash for the next month?

Be prepared to show your work and justify your totals .