Tadpole Leaming Systems Inc, was organized on February 28. Projected selling and administrative expenses for each of the first three months of operations are as follows: Depreciation, insurance, and property taxes represent $31,000 of the estimated monthly expenses, The annual insurance premium was paid on February 28, and propert taxes for the year will be paid in November. 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