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17) The following information applies to Brandon Company: Purchases Sales January $160,000 $100,000 February 160,000 200,000 March 160,000 240,000 April 140,000 300,000 May 140,000 260,000

17) The following information applies to Brandon Company:

Purchases

Sales

January

$160,000

$100,000

February

160,000

200,000

March

160,000

240,000

April

140,000

300,000

May

140,000

260,000

June

120,000

240,000

Brandon pays for 40% of purchases in cash at the time of purchase and 30% in each of the next 2 months. Purchases for the previous November and December were $150,000 per month. Payroll is 10% of sales in the month it occurs, and operating expenses are 20% of the following months sales (July sales were $220,000). Interest payments were $20,000 paid quarterly in January and April. Brandons cash disbursements in total for the month of April were __________?

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