Question: Please answer: Given the following information for Nester Company, answer the questions shown below: December $450,000 January $500,000 February $475,000 March $525,000 Sales Purchases $150,000

Please answer:

Please answer: Given the following information for Nester Company, answer the questions

Given the following information for Nester Company, answer the questions shown below: December $450,000 January $500,000 February $475,000 March $525,000 Sales Purchases $150,000 $170,000 $145,000 $155,000 Twenty-five percent of purchases are paid in cash at the time of purchase. The remaining balance is paid in the month following the purchase. Monthly operating expenses are as follows: Sales salaries Depreciation expense Property taxes Sales commissions $8,500 $3,000 $2,500 paid at the end of each calendar quarter 2.0% paid in the month following the sale Each question should have one amount in the answer field. You must enter your answer in the following format: $x,XXX Total cash payments for inventory purchases for the quarter ending March 31, 2020 Total cash payments for sales salaries for the quarter ending March 31, 2020 Total cash payments for property tax for the quarter ending March 31, 2020 Total cash cash payments for sales commissions for the quarter ending March 31, 2020 Total cash payments for depreciation for the quarter ending March 31, 2020

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