4. Goldstein Inc.'s budget committee has agreed on the following budgeted income for the second quarter of next year. April May June Sales $ 20,000 $ 40,000 $ 100,000 Beginning inventory 22,000 24,000 88,000 Purchases 10,000 75,000 24,000 Ending inventory (24,000) (88,000) (72,000) Cost of sales 8,000 11,000 40,000 Gross margin 12,000 29,000 60,000 Depreciation expense (2,000) (2,000) (2,000) Rent expense (16,000) (16,000) (16,000) Variable selling expense (4,000) (8,000) (20,000) Operating income $ (10,000) $ 3,000 $ 22,000 Goldstein's accounting department collects 50% of sales in cash. The other 50% are credit card sales, with 50% of these sales collected in the month of sale and the remaining 50% collected in the month following sale. The credit card company pays Goldstein 95% of the amount owing and keeps 5% as a service charge. Purchases are paid in the month following purchase. March purchases were $25,000. Purchases are incurred evenly throughout the month. Rent is paid fully in the month incurred, and 75% of variable selling expenses are paid for in the month of the expense; the balance is paid in the following month. March variable sales expenses were $5,000. How much cash will be disbursed in June for purchases and general expenses? a) $33,000 b) $45,250 c) $52,000 d) $108,000