Schedule of Cash Payments for a Service Company EastGote 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 $31,700, The budgeted expenses for the next three months are as follows: Other operating expenses include $4,000 of monthly depredation expense and $900 of monthly insurance expense that was prepald for the year on May 1 of the previous year. Of the remaining expenses, 80% are pald in the month in which they are incurred, with the remainder paid in the following moner The Accrued Expenses Payable batance on January 1 relates to the expenses incurred in December