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The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 70 percent of the next quarter's forecasted sales. The payables period is

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The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 70 percent of the next quarter's forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned. Projected quarterly sales are: Sales for the first quarter of the following year are projected at $2,670. Calculate the company's cash outiays by completing the following: Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16

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