Savemart financial Inc. was organized on February 28 projected selling and administrative expenses for each of the first three months of operations are as follows March 1706,800 $ April 160 $2700 may 140 $8100 depreciation insurance and property taxes taxes represent 37,000 of the estimated monthly expenses the annual insurance premium was paid on February 28 and property taxes for the year will be paid in June 61% of the remainder of those expenses are certificate be paid in a month in which they aren't incurred with the balance to be paid in the following month prepare a schedule and the kid in cash payments for selling and administrative expenses for March April and May

2) eBook Schedule of Cash Payments for a Service Company SafeMark Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three months of operations are as follows: March $176,800 April 162,700 May 148,100 Depreciation, insurance, and property taxes represent $37,000 of the estimated monthly expenses. The annual insurance premium was paid on February 28, and property taxes for the year will be paid in June. 61% of the remainder of the expenses are expected to 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 March, April, and May, SafeMark Financial Inc. p Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending May 31 March April May March expenses: Paid in March Paid in April April expenses: Paid in April Paid in May May expenses: 00 eBook March $176,800 April 162,700 May 148,100 Depreciation, insurance, and property taxes represent $37,000 of the estimated monthly expenses. The annual insurance premium was paid on February 28, and property taxes for the year will be paid in June. 61% of the remainder of the expenses are expected to 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 March, April, and May SafeMark Financial Inc. Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending May 31 March April Previous Next > March expenses: Paid in March Paid in April April expenses: Paid in April Paid in May May expenses: Paid in May Total cash payments Check My Work May 0001 Q CO