Tyler Sheen is the owner of Pleasant Inn. He provided the selected opening balances as at June 1, 2020 and the budgeted information for June and July 2020 Selected Opening Balances as of June 1, 2020 Cash $132,000 Accounts Receivable 119,000 Inventory 75,000 Long-term Assets 770,000 Accounts Payable 48,600 Shareholder's Equity 616,000 Budgeted Amounts For the month of June: Total Revenue $287,000 Total General and Administration Costs 168,000 Total Capital Expenditures 182,000 For the month of July Total Revenue 548,000 Total General and Administration Costs 218,000 Total Capital Expenditures 241,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 15% of general and administration costs. 60% 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 $182,000 capital expenditures for June, $116,000 will be paid in July, The remaining amount will be paid in the month in which they are incurred. a) Calculate the total cash disbursement for the month of June General Administration costs from May$ General Administration costs from June $ Capital Expenditures Total cash disbursement for June b) Calculate the total cash disbursement for the month of July General Administration costs From June General Administration costs From July $ Capital Expenditure from June S Capital Expenditure from July $ Total cash disbursement for July $ Contact us! Check