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Month Sales $ Month Sales $ The table contains the Sales estimates for the next year. Jan July 25,123 37,669 Aug 53,014 19,672 . Sep

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Month Sales $ Month Sales $ The table contains the Sales estimates for the next year. Jan July 25,123 37,669 Aug 53,014 19,672 . Sep 19,672 25,123 The Purchases are 80% of Sales. Purchases are paid in the Feb following month. The administrative expenses of Mar $10,771 are paid each month Tax expenses of $10,915 are Apr paid in March, June, September, and December each year. May Rent expenses of $55,094 are paid in June and December. June What is the cash outflow for June? Oct 37,669 19,672 Nov 25,123 53,014 Dec 53,014 37,669

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