A company has budgeted direct materials purchases of $150,000 in March and $240,000 in April. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During April, the following items were budgeted:

Wages Expense $75,000

Purchase of Office Equipment $36,000

Selling and Administrative Expenses $24,000

Depreciation Expense $18,000

The budgeted cash disbursments for April are:

A. $324,000

B. $213,000

C. $348,000

D $366,000

Please be as detailed as possible. Step by step. I love to give 5 stars if they are deserving.