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Please help fast a. Surity Corporation pays for 45% of its direct materials purchases in the month of purchase and the remainder the following month.

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a. Surity Corporation pays for 45% of its direct materials purchases in the month of purchase and the remainder the following month. Last month's direct material purchases were $71,000, while the company anticipates $86,000 of direct material purchases next month. b. Direct labor for the upcoming month is budgeted to be $39,000 and will be paid at the end of the upcoming month. c. Manufacturing overhead is estimated to be 140% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $11,000 of depreciation on the plant and equipment. d. Monthly operating expenses for next month are expected to be $43,000, which includes $2,300 of depreciation on office equipment and $1,600 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred. e. Surity Corporation will be making an estimated tax payment of $7,400 next month. Surity Corporation Cash Payments Budget Cash payments for direct materials: 55% of last month's purchases 45% of next month's purchases Cash payments for direct labor Cash payments for manufacturing overhead Cash payments for operating expenses Cash payment for taxes Total cash payments

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