Schedule of Cash Payments Select Physical Therapy Inc. is planning its cash payments for operations for the third quarter (July-September), 2017. The Accrued Expenses Payable balance on July 1 is $34,300. The budgeted expenses for the next three months are as follows: July August September Salaries $78,900 $96,000 7,200 Utilities 6,500 $106,300 8,600 73,000 Other operating expenses 60,800 66,300 Total $146,200 $169,500 $187,900 Other operating expenses include $4,300 of monthly depreciation expense and $1,000 of monthly insurance expense that was prepaid for the year on March 1 of the current 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 Payable balance on July 1 relates to the expenses incurred in June. Prepare a schedule of cash payments for operations for July, August, and September. Select Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending September 30, 2017 July August Payments of prior month's expense $1 September Payments of current month's expense Total payment X