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Tyler Sheen is the owner of PKM Incorporated. He provided the selected opening balances as at June 1, 2019 and the budgeted information for June

Tyler Sheen is the owner of PKM Incorporated. He provided the selected opening balances as at June 1, 2019 and the budgeted information for June and July 2019. Selected Opening Balances as of June 1, 2019 Cash $59,500 Accounts Receivable 101,000 Inventory 235,000 Long-term Assets 555,000 Accounts Payable 51,000 Stockholder's Equity 723,000 Budgeted Amounts For the month of June: Total Revenue $338,000 Total General and Administration Costs 237,000 Total Capital Expenditures 162,000 For the month of July: Total Revenue 470,400 Total General and Administration Costs 233,000 Total Capital Expenditures 298,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The companys monthly depreciation represents 25% of general and administration costs. 70% percent of the general and administration costs (excluding depreciation) are paid in the month in which they are incurred, and the rest is recorded in accounts payable to be paid in the next month. Of the $162,000 capital expenditures for June, $76,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. a) Calculate the total cash disbursement for the month of June. General Administration costs from May $Answer General Administration costs from June $Answer Capital Expenditure $Answer Total cash disbursement for June $Answer b) Calculate the total cash disbursement for the month of July. General Administration costs From June $Answer General Administration costs From July $Answer Capital Expenditure from June $Answer Capital Expenditure from July $Answer Total cash disbursement for July $

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