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 $50,900 144,000 260,000 665,000 48,300 554,000 Accounts Receivable Inventory Long-term Assets Accounts Payable Shareholder's Equity Budgeted Amounts For the month of June: Total Revenue $300,000 Total General and Administration Costs 162,000 Total Capital Expenditures 154,000 For the month of July: Total Revenue Total General and Administration Costs Total Capital Expenditures 442,100 197,000 186,000 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. 65% 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 $154,000 capital expenditures for June, $100,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred.

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. 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. 65% 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 $154,000 capital expenditures for June, $100,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. 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. 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. 65% 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 $154,000 capital expenditures for June, $100,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred