Schedule of Cash Payments for a Service Company SafeMark Financial Inc. was organized on February 28. Propected selling and administrative expenses for each of the fest threa months of operations are as follows: March $104,900 April 99,700 May 90,700 Depreciation, Insurance, and property taxes represent $23,000 of the estimated monthly expenses. The annual Insurance premium was pald on February 28, and property taxes for the year will be paid in June. 58% 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 May March expenses Pald in March Pald in April April expenses Pald in April Prepare a schedule Indicating cash payments for selling and administrative expenses for March, April, and Mey. SafeMark Financial Inc. Schedule of Cash Payments for Selling and Administrative Expenses For the Three Months Ending May 31 March April May March expenses: Pold in March Paid in April April expenses Pald in April Pald in May May expenses Paid in May Total cash payments o