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The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 7 0 percent of the next quarter's forecast sales. The payables period

The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 70
percent of the next quarter's forecast sales. The payables period is 60 days. Wages,
taxes, and other expenses are 15 percent of sales, and interest and dividends are $95
per quarter. No capital expenditures are planned.
Projected quarterly sales are shown here:
Sales for the first quarter of the following year are projected at $2,460. Calculate the
company's cash outlays by completing the following: (Do not round intermediate
calculations and round your answers to 2 decimal places, e.g.,32.16.)
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