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urgent CH 14 Assessment (Los 4-6) Help Seve 2 January budgeted selling and administrative expenses for the retail shoe store that Craig Shea plans to

urgent
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CH 14 Assessment (Los 4-6) Help Seve 2 January budgeted selling and administrative expenses for the retail shoe store that Craig Shea plans to open on January year 1 are as follows sales commissions, $27,000.cent. $16.500, utilities, 55.800 depreciation, $3200, and miscellaneous, $2,100 Uuties are paid in the months after they are incurred Other expenses are expected to be paid in cash in the month in which they are incurred Required a. Determine the amount of budgeted cash payments for January seling and administrative expenses b. Determine the amount of utilities payable the store will report on the January 31 pro forma balance sheet c. Determine the amount of depreciation expense the store will report on the come statement for year 1, assuming that monthly depreciation remains the same for the entire year 375 pos 8 bu fluded cash payments i pale Depreciation expense

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