Schedule of cash payments for a service company Horizon Financial Inc. was organ redan b ary Projectes May March 5161,100 168,400 153,200 Depreciation, insurance, and property taxes represent 538,000 of the estimated monthly expenses. The m taxes for the year will be paid in June 63 of the remainder of the expenses are expected to be paid in the mo in the following month, o re r e pret bead Prepare a schedule of cash payments for selling and administrative expenses for March April, and May. Horizon Financial Inc. Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending May 31 March March expenses Pald in March Paid in April April expenses Paid in April Paid in May May expenses Paid in May Total cash payments