68 A company budgeted the following purchases for raw materials: Month January February March April May June July Budget $10,000 $20,000 $25,000 $22,000 $27,000 $30,000 $24,000 The company has a policy of paying for 45% of the purchases in the month of purchase, 35% in the month following the purchase, and 20% in the second month following the purchase. Based on this information, what are the budgeted cash disbursements for March? O $20,250 $24,350 $18,250 $18,750