Schedule of Cash Payments Excal Learning Systems Inc. was organized on September 30, 2016. Projected selling and administrative expenses for each of the first three months of operations are as follows: October $116.100 November 109.100 2.300 Depreciation, insurance, and property taxes represent $25,000 of the estimated monthly expenses. The annual insurance premium was paid on September 30, and property taxes for the year will be paid in June. The company expects that 7 of the remainder of the expenses will be paid in the month in which they are incurred with the balance to be paid in the flowing month. Prepare a schedule indicating cash payments for selling and administrative expenses for October, November, and December Excel Learning Systems Inc Schedule of Cash Payments for Selling and Administrative Expenses For The Month December 11, 2016 October November December October Pald in October Paid in November November penses Pald in November Pardin December December Paid in December Total casaments D