Use the following data to determine the company's cash payments for August and September:

July

August September

Sales

$ 24,000 $ 32,000 $ 36,000

Purchases $ 14,400 $ 19,200 $ 21,600

Payments for purchases One month after purchase

Selling expenses

15% of sales, paid in the month of sale

Administrative expenses 10% of sales, paid in the month of sale

Rent expense

$2,400 per month

Equipment depreciation $1,300 per month

Use the following data to determine the company's cash payments for August and September