Problem $4.$ Calculating Payments

The Wind Corp.$\text{'}$s purchases from suppliers in a quarter are equal to $75$ percent of the next

quarter's forecast sales. The payables period is $60$ days. Wages, taxes, and other expenses are $20$

percent of sales, and interest and dividends are $$73$ per quarter. No capital expenditures are

planned.

Here are the projected quarterly sales:

Sales for the first quarter of the following year are projected at $$970.$ Calculate the company's

cash outlays.