Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here i and the following information in its preparation. Sales: February $505,000; March $522,000; April $575,000; May $597,000; June $653,000; July $643,000 Purchases: Purchases are calculated as 65% of the next month's sales, 10% of purchases are made in cash, 47% of purchases are paid for 1 month after purchase, and the remaining 43% of purchases are paid for 2 months after purchase. Rent: The firm pays rent of $8,020 per month. Wages and salaries: Base wage and salary costs are fixed at $6,000 per month plus a variable cost of 6.8% of the current month's sales. Taxes: A tax payment of $54,400 is due in June. Fixed asset outlays: New equipment costing $75,200 will be bought and paid for in April. Interest payments: An interest payment of $29,700 is due in June. Cash dividends: Dividends of $12,100 will be paid in April. Principal repayments and retirements: No principal repayments or retirements are due during these months. Complete the cash disbursements schedule for Maris Brothers, Inc. below: (Round to the nearest dollar.) Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr Sales $ 505,000 $ 522,000 $ 575,000 May Jun Jul Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr May Sales $ 505.000 $ 522,000 575.000 Jun Jul $ Disbursements Purchases Cash 1 month delay 2 month delay Rent 339,300 $ 373.750 $ $ $ $ 383,050 33,805 175,663 145,899 8,020 Wages and salary Fixed Variable 6,000 39,100 Taxes 75,200 Fixed assets Interest Cash dividends Total Disbursements 12,100 500,787 $ Jun Jul Round to the nearest dollar.) Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr May Sales $ 597000 Disbursements Purchases Cash 1 month delay 2 month delay Rent Wages and salary Foced ) Variable Taxes ) Foxed assets Interest Cash dividends Total Disbursements