Rehab Physical Therapy Inc. is planning its cash payments for operations for the second quarter (MarchMay) . The Accrued Expenses Payable balance on March 1 is $36,000. The budgeted expenses for the next three months are as follows:

Other operating expenses include $7,500 of monthly depreciation expense and $1,000 of monthly insurance expense that was prepaid for the year on January 1 of the current year. Of the remaining expenses, 80% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on March 1 relates to the expenses incurred in February.

Prepare a schedule of cash payments for operations for March, April, andMay.

Salaries Utilities other operating expenses Total March April May $100,000 $105,000 $110,000 20,000 18000 25,000 40,500 38 000 22,000 $165,500 $140,000 $173,000