Schedule of CashPayments
EastGate PhysicalTherapy Inc. is planning its cash payments for operations for thefirst quarter (January–March). The Accrued Expenses Payable balanceon January 1 is $33,100. The budgeted expenses for the next threemonths are as follows:
| January | February | March |
| Salaries | $76,100 | | $92,700 | | $102,600 | |
| Utilities | 6,300 | | 7,000 | | 8,300 | |
| Other operating expenses | 57,800 | | 63,000 | | 69,400 | |
| Total | $140,200 | | $162,700 | | $180,300 | |
Other operatingexpenses include $4,200 of monthly depreciation expense and $900 ofmonthly insurance expense that was prepaid for the year on May 1 ofthe previous year. Of the remaining expenses, 65% are paid in themonth in which they are incurred, with the remainder paid in thefollowing month. The Accrued Expenses Payable balance on January 1relates to the expenses incurred in December.
Prepare a schedule ofcash payments for operations for January, February, and March.
| EastGate Physical Therapy Inc. |
| Schedule of Cash Payments for Operations |
| For the Three Months Ending March 30 |
| January | February | March |
| Payments of priormonth's expense | $ | $ | $ |
| Payments of currentmonth's expense | | | |
| Total payments | $ | $ | $ |
