HELP! Prepare a schedule of budgeted cash payments for August and September.

Hector Company reports the following: Sales Purchases July $22,000 13,640 August $30,000 18,600 September $34,000 22,000 Payments for purchases are made in the month after purchase. Selling expenses are 20% of sales, administrative expenses are 9% of sales, and both are paid in the month of sale. Rent expense of $2,500 is paid monthly. Depreciation expense is $1,300 per month. Prepare a schedule of budgeted cash payments for August and September. HECTOR COMPANY Budgeted Cash Payments For August and September August September Payments for