Use the following data to determine the company's cash payments for August and September: Sales Purchases.... July. $24,000 $14,400 August September $32,000 $36,000 $19,200 $21,600 Payments for purchases Selling expenses.... Administrative expenses Rent expense...... Equipment depreciation One month after purchase 15% of sales, paid in the month of sale 10% of sales, paid in the month of sale $2,400 per month $1,300 per month