The following details have been extracted from the budget of a merchandising company.

Rent Expense $8,400 per month

Depreciation Expense $3,500 per month

Insurance Expense $2,000 per month

Miscellaneous Expense 2% of sales, paid as incurred

Commissions Expense 8% of sales

Salaries Expense $6,000 per month

sales

Dec $55,000

Jan $60,000

Feb $75,000

March $90,000

Commissions and salaries expenses are paid 50% in the month to which they are incurred and the balance in the next month.

Rent and miscellaneous expenses are paid as and when they occur. Insurance is prepaid at the beginning of the quarter. how do i calculate cash payments for the selling and administrative expenses for the first quarter of the next year.