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The Thakor Corporation's purchases from suppliers in a quarter are equal to 65 percent of the...

The Thakor Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 30 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned.

Projected quarterly sales are:
Sales Q1 $1,830 Q2 $2,130 Q3 1,830 Q4 1,530

Sales for the first quarter of the following year are projected at $2,160. Calculate the company's cash outlays by completing the following:

Payments of Accounts
Wages, taxes, other expenses
Long term financing expenses
Total

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