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Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The

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Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $29,100. The budgeted expenses for the next three months are as follows: March February $81,500 6,100 55,400 $143,000 January Salaries Utilities Other operating expenses $66,900 5,500 50,800 $123,200 $90,200 7,300 61,000 $158,500 Total Other operating expenses include $3,600 of monthly depreciation expense and $800 of monthly insurance expense that was for the year on May 1 of the previous year. Of the remaining expenses, 7S% are paid in the month in which they are to the incurred, with the remainder paid in the followin g month. The Accrued Expenses Payable balance on January 1 relates >expenses incurred in December. Prepare a schedule of cash payments for d erations for January, February, and March. Enter all amounts as positive numbers. EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 31 January February March Total cash payments

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