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October November December Budgeted S&A Expenses ...

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Accounting

October November December
Budgeted S&A Expenses
Salary Expense 44,000 44,500 45,000
Sales Commissions 5% of Sales 22,000 22,500 22,300
Insurance Expense 19,000 19,000 19,000
Rent 22,800 22,800 22,800
Depreciation on equipment 27,000 27,000 27,000
Utilities 2,800 3,000 3,200
Total Operating Expenses 137,600 138,800 139,300
Schedule of Cash Payments for S&A Expenses
Salary Expense ? 44,500 ?
100% of Prior Month Sales Commissions 22,100 ? ?
Insurance Expense 19,000 19,000 19,000
Rent ? ? 22,800
100% of Prior Months Utilities Expense 2,900 ? ?
Total Payments for S&A Expenses ? ? ?

What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?

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