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Please help soon as possible, this assignment is due shortly and I can't figure it out. Schedule of Cash Payments Excel Learning Systems Inc. was

Please help soon as possible, this assignment is due shortly and I can't figure it out.
image text in transcribed Schedule of Cash Payments Excel Learning Systems Inc. was organized on September 30, 2016. Projected selling and administrative expenses for each of the first three months of operations are as follows: October $114,400 November 107,500 December 97,800 Depreciation, insurance, and property taxes represent $24,000 of the estimated monthly expenses. The annual insurance premium was paid on September 30, and property taxes for the year will be paid in June. The company expects that 64% of the remainder of the expenses will be paid in the month in which they are incurred, with the balance to be paid in the following month. Prepare a schedule indicating cash payments for selling and administrative expenses for October, November, and December. Excel Learning Systems Inc. Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending December 31, 2016 October November December October expenses: $ Paid in October Paid in Novemb er November expenses: Paid in Novemb er Paid in Decemb er December expenses: Paid in Decemb er Total cash payments $ $ $ $ $

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