Tyler Sheen is the owner of Sheen's 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 $118,800 Accounts Receivable 114,000 Inventory 130,000 Long-term Assets 454,000 Accounts Payable 40,500 Shareholder's Equity 632,000 Budgeted Amounts For the month of June: Total Revenue $284,000 Total General and Administration Costs 189,000 Total Capital Expenditures For the month of July: Total Revenue 198,000 528,000 Total General and Administration Costs 203,000 Total Capital Expenditures 285,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 10% of general and administration costs. 50 % 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 $198,000 capital expenditures for June, $99,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. The company's monthly depreciation represents 10% of general and administration costs 50% 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 $198,000 capital expenditures for June, $99,000 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 5 General Administration costs from June Capital Expenditure S 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 S Capital Expenditure from June S Capital Expenditure from July S Total cash disbursement for July S Check 2 NO 3 Q W E R A N S MacBook Pro * 10 A 5 6 T Y 47 9P B 9 O 3 ' O P D F G H J K L X C H tion command > B N M . A 96 com