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Schedule of cash payments for a service company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $33,900. The budgeted expenses for the next three months are as follows: January February March Salaries Utilities Other operating expenses Total $78,000 6,400 59,300 $143,700 Other operating expenses include $4,200 of monthly depreciation expense and $1,000 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 65% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in December. Utilities Prepare a schedule of cash payments for operations for January, February, and March. East Gate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 31 Line Item Description January February March Salaries Total cash payments $ $ $94,900 $105,100 7,100 64,600 $166,600 $ 8,500 71,200 $184,800

Schedule of cash payments for a service company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance an January 1 is $33,900. The budgeted expenses for the next three months are as follows: Other operating expenses include $4,200 of monthly depreciation expense and $1,000 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 65% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in December. Prepare a schedule of cash payments for operations for January, February, and March. Schedule of cash payments for a service company EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March), The Accrued Expenses Payable balance on lanuary 1 \$33,900. The budgeted expenses for the next three months are as foliows: Other operating expenses include $4,200 of monthly depreciation expense and $1,000 of monthy insurance expense that was prepaid for the vear on Mar 1 of the previous year, Of the remaining expenses, 65% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accued Expenses Payable balance on January 1 relates to the expenses incurred in December. Prepare a scheduie of cash payments for operations for January, february, and March. Calculate cash payments in Janvary, February, and March

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