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. You are log: Quiz na Selected Opening Balances as of June 1, 2020 Cash $128,300 Accounts Receivable 56,000 Inventory 195,000 Long-term Assets 568,000 Accounts Payable 50,800 Shareholder's Equity 562,000 Budgeted Amounts For the month of June: Total Revenue $302,000 Total General and Administration Costs 197,000 Total Capital Expenditures 194,000 For the month of July: Total Revenue 496,700 Total General and Administration Costs 248,000 Total Capital Expenditures 275,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 20% of general and administration costs. 75% 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 $ 194,000 capital expenditures for June, $ 105,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. 17 Yo Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 20% of general and administration costs. 75% 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 $194,000 capital expenditures for June, $105,000 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 Expenditure $ 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 $ Capital Expenditure from July $ Total cash disbursement for July $ 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. You are lo > Quiz n Selected opening Balances as of June 1, 2020 Cash $128,300 Accounts Receivable 56,000 Inventory 195,000 Long-term Assets 568,000 Accounts Payable 50,800 Shareholder's Equity 562,000 Budgeted Amounts For the month of June: Total Revenue $302,000 Total General and Administration Costs 197,000 194,000 Total Capital Expenditures For the month of July: Total Revenue 496,700 Total General and Administration Costs 248,000 Total Capital Expenditures 275,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 20% of general and administration costs. 75% 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 $194,000 ranital expenditures for June, $105,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. You Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 20% of general and administration costs. 75% 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 $194,000 capital expenditures for June, $105,000 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 Expenditure $ 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 $ Capital Expenditure from July $ Total cash disbursement for July $ EN 2) > 2