PLEASE SOLVE FULL PROBLEM

Schedule of Cash Payments Excel Learning Systems Inc. was organized on September 30, 2016. Projected selling and administrative expenses for each of the first three months of operations are as follows: Depreciation, insurance, and property taxes represent $25,000 of the estimated monthly expenses. The annual insurance premium was paid on September 30 and property taxes for the year will be paid in June. The company expects that 67% of the remainder of the expenses will be paid in the month in which they are incured with the balance to be paid in the following month. Prepare a schedule indicating cash payments for selling and administrative expenses for October, November, and December. Excel Learning Systems Inc