The budget director for Benson Cleaning Services prepared the following list of expected selling and administrative expenses. All expenses requiring cash payments are paid for in the month incurred except salary expense and insurance. Salary is paid in the month following the month in which it is incurred. The insurance premium for six months is paid on October 1 . October is the first month of operations; accordingly, there are no beginning account balances. Required a. Complete the schedule of cash payments for S\&A expenses by filling in the missing amounts. b. Determine the amount of salaries payable the company will report on its pro forma balance sheet at the end of the fourth quarter. c. Determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end of the fourth quarter. \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ October } & \multicolumn{2}{|c|}{ November } & \multicolumn{2}{|c|}{ December } \\ \hline \multicolumn{7}{|l|}{ Budgeted S\&A Expenses } \\ \hline Equipment lease expense & $ & 5,400 & $ & 5,400 & $ & 5,400 \\ \hline Salary expense & & 7,000 & & 7,500 & & 7,900 \\ \hline Cleaning supplies & & 2,870 & & 2,700 & & 3,020 \\ \hline Insurance expense & & 1,100 & & 1,100 & & 1,100 \\ \hline Depreciation on computer & & 2,100 & & 2,100 & & 2,100 \\ \hline Rent & & 2,200 & & 2,200 & & 2,200 \\ \hline Miscellaneous expenses & & 740 & & 740 & & 740 \\ \hline Total operating expenses & $ & 21,410 & $ & 21,740 & $ & 22,460 \\ \hline \multicolumn{7}{|c|}{ Schedule of Cash Payments for S\&A Expenses } \\ \hline \multicolumn{7}{|l|}{ Equipment lease expense } \\ \hline \multicolumn{7}{|l|}{ Prior month's salary expense, 100%} \\ \hline \multicolumn{7}{|l|}{ Cleaning supplies } \\ \hline \multicolumn{7}{|l|}{ Insurance premium } \\ \hline \multicolumn{7}{|l|}{ Depreciation on computer } \\ \hline \multicolumn{7}{|l|}{ Rent } \\ \hline \multicolumn{7}{|l|}{ Miscellaneous expenses } \\ \hline Total disbursements for operating expenses & $ & 17,810 & $ & 18,040 & $ & 18,860 \\ \hline \end{tabular}