The Thakor Corporation€™s purchases from suppliers in a quarter are equal to 75 percent of the next quarter€™s forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $73 per quarter. No capital expenditures are planned. Here are the projected quarterly sales:

Sales for the first quarter of the following year are projected at $1,450. Calculate the company€™s cash outlays by completing thefollowing:

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Qi 2 Q3 Q4 Payment of accounts Wages, taxes, and other expenses Long-term financing expenses (interest and dividends) Total