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Scree of Ch Payments for a Service Company Oakwood Financial Inc. was organized on February 21. Projected selling and administrative expenses for each of the

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Scree of Ch Payments for a Service Company Oakwood Financial Inc. was organized on February 21. Projected selling and administrative expenses for each of the first three months of operations are as follows $115,200 Apr 109,300 Mary 95,600 Depreciation, insurance, and property taxes represent $25,000 of the estimated monthly expenses. The annual insurance premium was paid on February 21, and property taxes for the year will be paid in 61% 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 Cuth payments for selling and administrative expenses for March April, and May Oakwood Financial Inc. Schedule of Cash Payments for selling and Administrative Expenses For the Three Months Ending May 31 March April Hardpenses Radin March Dadin Ari An expenses Paid in or Vaidin Hay May penis Paldin My Telash payments May DOO

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