EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter $($January$-$March$).$ The Accrued Expenses Payable balance on January $1$ is $$27,700.$

The budgeted expenses for the next three months are as follows:

Other operating expenses include $$3,500$ of monthly depreciation expense and $$800$ of monthly insurance expense that was prepaid for the year on May $1$ of the previous year. Of

the remaining expenses, $75\%$ are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January

$1$ relates to the expenses incurred in December.

Prepare a schedule of cash payments for operations for January, February, and March.

EastGate Physical Therapy Inc.

Schedule of Cash Payments for Operations

For the Three Months Ending March $31$EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter $($January$$March$).$ The Accrued Expenses Payable balance on January $1$ is $$27,700.$ The budgeted expenses for the next three months are as follows:

Line Item Description January February March

Salaries $$63,700$ $$77,600$ $$85,900$

Utilities $5,3005,8006,900$

Other operating expenses $49,00053,40058,800$

Total $$118,000$ $$136,800$ $$151,600$

Other operating expenses include $$3,500$ of monthly depreciation expense and $$800$ of monthly insurance expense that was prepaid for the year on May $1$ of the previous year. Of the remaining expenses, $75\%$ are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January $1$ relates to the expenses incurred in December.

Prepare a schedule of cash payments for operations for January, February, and March.

EastGate Physical Therapy Inc.

Schedule of Cash Payments for Operations

For the Three Months Ending March $31$

Line Item Description January February March

Payments of prior month's expense

$Payments of prior month's expense

$27,700$

$Payments of prior month's expense

$Payments of prior month's expense

Payments of current month's expense

Payments of current month's expense

Payments of current month's expense

Payments of current month's expense

Total cash payments $fill in the blank $9$

$fill in the blank $10$

$fill in the blank $11$