6. A company expects to make purchases of $50,000 in the first quarter and $70,000 in the second quarter. The company expects that 60% of a quarter's purchases will be paid in the quarter of purchase, and 40% will be paid in the following quarter. What are the estimated cash disbursements related to purchases in the 2nd quarter? (1 Point) $48,000 $72,000 $42,000 $62,000 7. A company expects to make purchases of $50,000 in he first quarter and $70,000 in the second quarter. The company expects that 60% of a quarter's purchases will be paid in the quarter of purchase, and 40% will be paid in the following quarter. What is the estimated accounts payable balance at the end of the 2nd quarter? M) (1 Point) $28,000 $42,000 $48,000 $0