Take me to the text Tyler Sheen is the owner of HLO Incorporated. He provided the...

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Take me to the text Tyler Sheen is the owner of HLO Incorporated. He provided the selected opening balances as at June 1, 2019 and the budgeted information for June and July 2019. Selected Opening Balances as of June 1, 2019 Cash Accounts Receivable Inventory Long-term Assets Accounts Payable Stockholder's Equity Budgeted Amounts For the month of June: Total Revenue $111,300 72,000 60,000 685,000 44,400 876,000 $290,000 Total General and Administration Costs 193,000 Total Capital Expenditures 197,000 For the month of July: Total Revenue 411,300 Total General and Administration Costs 177,000 Total Capital Expenditures 269,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 10% of general and administration costs. 70% percent of the general and administration costs (excluding depreciation) are paid in the month in which they are incurred, and the rest is recorded in accounts payable to be paid in the next month. Of the $197,000 capital expenditures for June, $91,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. a) Calculate the total cash disbursement for the month of June. General Administration costs from May $44400 General Administration costs from June $121590 Capital Expenditure $106000 Total cash disbursement for June $271990 b) Calculate the total cash disbursement for the month of July. General Administration costs From June $78165 General Administration costs From July $ Capital Expenditure from June $91000 Capital Expenditure from July $269000 Total cash disbursement for July $ Take me to the text Tyler Sheen is the owner of HLO Incorporated. He provided the selected opening balances as at June 1, 2019 and the budgeted information for June and July 2019. Selected Opening Balances as of June 1, 2019 Cash Accounts Receivable Inventory Long-term Assets Accounts Payable Stockholder's Equity Budgeted Amounts For the month of June: Total Revenue $111,300 72,000 60,000 685,000 44,400 876,000 $290,000 Total General and Administration Costs 193,000 Total Capital Expenditures 197,000 For the month of July: Total Revenue 411,300 Total General and Administration Costs 177,000 Total Capital Expenditures 269,000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar The company's monthly depreciation represents 10% of general and administration costs. 70% percent of the general and administration costs (excluding depreciation) are paid in the month in which they are incurred, and the rest is recorded in accounts payable to be paid in the next month. Of the $197,000 capital expenditures for June, $91,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. a) Calculate the total cash disbursement for the month of June. General Administration costs from May $44400 General Administration costs from June $121590 Capital Expenditure $106000 Total cash disbursement for June $271990 b) Calculate the total cash disbursement for the month of July. General Administration costs From June $78165 General Administration costs From July $ Capital Expenditure from June $91000 Capital Expenditure from July $269000 Total cash disbursement for July $