Let's work on an administrative and selling expenses budget. Your company's projected income statement shows the following selling and administrative (S\&A) expenses for Quarter 1 of its first year of operations: All selling and administrative costs, except utilities, marketing expenses, and sales commissions, are paid when incurred. The other items are paid in the month following the month in which incurred. Based on the above information, prepare a schedule of cash payments for selling and administrative expenses for January through March