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The table contains the Sales estimates for the next year. Month Sales $ Month Sales $ Jan July 28.914 62,067 The Purchases are 13% of
The table contains the Sales estimates for the next year. Month Sales $ Month Sales $ Jan July 28.914 62,067 The Purchases are 13% of Sales. Purchases are paid in the following month. The administrative expenses of $11,831 are paid each month Tax expenses of $57,938 are paid in March, June, September, and December each year. Rent expenses of $56,002 are paid in June and December Feb 75,228 88,968 Mar 88,968 28,914 What is the cash outflow for December? Enter your answer rounded off to two decimal points. Do not enter $ or comma in Oct 62.067 88,968 the answer box. May 28,914 75,228 June Dec 75.228 62,067
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