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I provided pictures needed to solve the problem. I only need help for the (blank chart) (H) (For the first quater of 2017, prepare a

I provided pictures needed to solve the problem. I only need help for the (blank chart) (H) (For the first quater of 2017, prepare a schedule for expected payments for materials purchases.) Thank you so much! image text in transcribed
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Selling and Administrative Variable selling and administrative cost per unit is $1.60. Advertising $15,000 a month $1,400 a month $72,000 a month $2,500 a month $3,000 a month Insurance Salaries Depreciation Other fixed costs Other Information The Cash balance on December 31, 2016, totaled $100,500, but management has decided it would like to maintain a cash balance of at least $800,000 beginning on January 31, 2017. Dividends are paid each month at the rate of $2.50 per share for 5,000 shares outstanding. The company has an open line of credit with Romney's Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 8% interest. waterways borrows on the first day of the month and repays on the last day of the month. A $500,000 equipment purchase is planned for February. 7014 11285 34270 10166 10157 5643 35070 102812 2675 2675 1200 1200 1200 1300 1300 1300 63975 63975 63975 97861 97831 294737 First Quarter Unit Sales 1.60 1.60 1.60 1.60 1400 1400 281700 274700 828100 (h) purchases. (Round aaswers to 0 decinal places, e.g. 2.320 o not leave any answer field blank, Enter o for nmounts) January anay

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