Serven Corporation has estimated its accrual-basis revenue and expenses for June 2008 and would like your help in estimating cash disbursements. Selected data from these estimated amounts are as follows:

Required:
On the basis of the preceding data, what are the estimated cash disbursements from operations for June?

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Sales Gross profit (based on sales) Increase in trade accounts receivable for the month Change in accounts payable during month Increase in inventory during month $700,000 30% $ 20,000 0 $ 10,000 Variable selling, general, and administrative expenses include a charge for uncollectible accounts of 1% of sales. Total selling, general, and administrative expenses are $71,000 per month plus 15% of sales. Depreciation expense of $40,000 per month is included in fixed selling, general, and administrative expense.