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The Sepulcro Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecast sales. The payables period is 60

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The Sepulcro Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecast sales. The payables period is 60 days. Wages taxes, and other expenses are 20 percent of sales, and interest and dividends are $118 per quarter. No capital expenditures are planned. Projected quarterly sales are Q1 $1,620 Q2 $1,770 Q3 $1,830 Q4 $2,070 Sales Sales for the first quarter of the following year are projected at $1,740 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.) Q2 Q3 Q4 Q1 Payment of accounts Wages, taxes, other expenses Long-term financing expenses (interest 354 366 414 324 118 118 118 118 and dividends) Total

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