Question 13 0.5 pts Jenny Inc. has the following projected costs for the second quarter of 20YY April May June Selling and marketing expenses 0 $200,000 $250,000 $300,000 Office Insurance expense (ii) $800 $800 $800 $500 $500 Office depreciation expense Property tax expense (iii) $500 $700 $700 $700 Jenny's payment policy for selling and administrative expenses is as follows: (i) of the selling and marketing expenses, 50% is paid in the month they are incurred; the remaining 50% to be paid in the following month. The selling and admin expense payable at the end of March was $70,000, which represents 50% of March's selling expenses. (ii) Insurance expense is $800 a month; however, the insurance is paid quarterly in the first month of each quarter, (ie, in January, April, July, and October). (iii) Property taxes are paid once a year in December The cash payments for selling and admin expenses projected in the month of April are O $202,000 O $204,400 O None of the answers choices is correct O $172,400 + Previous Next >