Rundle Books buys books and magazines directly from publishers and distributes them to grocery stores. The wholesaler expects to

purchase the following inventory:

Rundle Books' accountant prepared the following schedule of cash payments for inventory purchases. Rundle Books' suppliers require

that $90$ percent of purchases on account be paid in the month of purchase; the remaining $10$ percent are paid in the month following

the month of purchase.

Required

a$.$ Complete the schedule of cash payments for inventory purchases by filling in the missing amounts.

b$.$ Determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.