Reference no: EM132571618

Blair's Taxi Service has had total expenses of $60,000 and $75,000 for February and March, respectively. Budgeted expenses for April, May, and June are $65,000, $72,000, and 68,000, respectively. The monthly expenses include $13,000 for depreciation.

Prior experience has indicated that 30 percent of a month's expenses are paid in that month, 45 percent in the following month, and the remaining 25 percent in the second month following the incurrence of the expense.

Question 1: Budgeted cash disbursements for June

Question 2: Budgeted cash disbursements for April