Calculating Payments $[$LO$3]$ The Torrey Pine 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 $$90$ per quarter. No capital expenditures are planned.

Projected quarterly sales are shown here:

$\backslash$table$[[,$Q$1,$Q$2,$Q$3,$Q$4],[$Sales$,$$$980,$$$930,$$$1,070,$$$1,250$