A company has budgeted direct materials purchases of $320000 in July and $480000 in August. 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 August, the following items were budgeted:

Wages Expense	$110000
Purchase of office equipment	68000
Selling and Administrative Expenses	45000
Depreciation Expense	32000

The budgeted cash disbursements for August are