Problem $16-9$ Calculating Payments $[$LO $3]$

The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to $80$ percent of the next quarter's forecast sales. The

payables period is $60$ days. Wages, taxes, and other expenses are $35$ percent of sales, and interest and dividends are $$116$ per quarter.

No capital expenditures are planned. Projected quarterly sales are:

Sales for the first quarter of the following year are projected at $$1,680.$ Calculate the company's cash outlays by completing the

following:

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$