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need all requirements thanks Sentinel Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments (1) (Click

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Sentinel Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments (1) (Click the icon to view the data) How much cash will be paid out next month? a. Sentinel Corporation pays for 55% of its direct materials purchases in the month of purchase and the remainder the following month Last month's direct material purchases were $72,000 while the company anticipates $82,000 of direct material purchases next month b. Direct labor for the upcoming month is budgeted to be $33,000 and vill be paid at the end of the upcoming month c. Manufacturing overnead is estimated to be 160% of direct labor cost each month and is paid in the month in which it is incurred This monthly estimate includes $19,000 of depreciation on the plant and equipment d. Monthly operating expenses for next month are expected to be $47000 which includes $2800 of depreciation on office equipment and $1300 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred e. Sentinel Corporation wil be making an estimated tax payment of $7.500 next month

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