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You have a lawn mowing business. You plan to work 300 hours per month and charge your customers $23 per hour. Your anticipated costs include:

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You have a lawn mowing business. You plan to work 300 hours per month and charge your customers $23 per hour. Your anticipated costs include: Advertising $30 per month Gas $1.20 per hour Depreciation on mowers $25 per month Assistant's Wages $9.00 per hour Miscellaneous Expenses $20 per month You plan on paying 60% of your monthly costs in the month incurred, 30% in the second month and the remainder in the following month. Calculate the amount of cash payments for operating activities in your second month of business

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