The Glasgow Corporations purchases from suppliers in a quarter are equal to 60 percent of the next quarters forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 25 percent of sales and interest and dividends are $80 per quarter. No capital expenditures are planned.

Here are the projected quarterly sales.

Q1 Q2 Q3 Q4

Sales $1,980 $2,280 $1,980 $1,680

Sales for the first quarter of the following year are projected at $2,310. Calculate the companys cash outlays by completing the following (Do not round intermediate calculations and round your answers to two decimal places)

Q1 Q2 Q3 Q4

Payment of accounts

Wages, taxes, other expenses

Long-term financing expenses (interest and dividends)

Total