The Prince Albert Corporation has forecast the following sales for the first seven months of the year.

Monthly material purchases are set equal to $35$ percent of forecasted sales for the next month. Of the total material costs, $45$ percent

are paid in the month of purchase and $55$ percent are paid in the following month. Labour costs will run $$5,400$ per month, and fixed

overhead is $$9,000$ per month. Interest payments on the debt will be $$4,400$ for both March and June. Finally, the Prince Albert sales

people will receive a $2\mathrm{.}5$ percent commission on total sales for the first six months of the year, to be paid on June $30.$

Prepare a monthly summary of cash payments for the six months from January through July. $($Note: Compute prior December

purchases to help get total material payments for January.$)$