The Thakor Corporation€™s purchases from suppliers in a quarter are equal to 75 percent of the next quarter€™s forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $170 per quarter. No capital expenditures are planned.
Projected quarterly sales are:

Sales for the first quarter of the following year are projected at $1,910. Calculate the company€™s cash outlays by completing the following:

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01 02 03 04 Sales $1,730 S1,950 $2,105 $2,730 01 02 03 04 Payment of accounts Wages, taxes, other expenses Long-term financing expenses interest and dividends) Total