Sentinel Corporation is preparing its cash payments budget for next month. The following information pertains to the cash payments:

a.	SentinelSentinel Corporation pays for 55% of its direct materials purchases in the month of purchase and the remainder the following month. Last month's direct material purchases were $71,000, while the company anticipates $85,000 of direct material purchases next month.
b.	Direct labor for the upcoming month is budgeted to be $34,000 and will be paid at the end of the upcoming month.
c.	Manufacturing overhead is estimated to be 140% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $10,000 of depreciation on the plant and equipment.
d.	Monthly operating expenses for next month are expected to be $42,000, which includes $2,700 of depreciation on office equipment and $1,200 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred.
e.	Sentinel Corporation will be making an estimated tax payment of $7,600 next month.

How much cash will be paid out next month?

Sentinel Corporation
Cash Payments Budget
Cash payments for direct materials:
45% of last month's purchases
55% of next month's purchases
Cash payments for direct labor
Cash payments for manufacturing overhead
Cash payments for operating expenses
Cash payment for taxes
Total cash payments