A company has budgeted direct material purchases of $290,000 in July and $460,000 in August. Past experience indicate that the company paid for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August the following items were budgeted wage expense $80,000 purchase of office equipment $65,000 selling and administrative expenses $42,000 depreciation expense $29,000 the budget it cash dispersement for August are?