Schedule of Cash Payments for Service Company

Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inci is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $26,700. The budgeted expenses for the next three months are as follows: Other operating expenses include $3,400 of monthly depreciation expense and $800 of monthly insurance expense that was prepald for the year on May 1 of the previous year, Of the remaining expenses, 65% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payabte batance on Janunry 2 relates to the expenses incurred in December. Prepare a schedule of cash payments for operations for January, February, and March. EastGate Physical Therapy Inc