A company has budgeted direct materials purchases of $335,000 in July and $420,000 in August. Past experience indicates that the company pays for 55% of its purchases in the month of purchase and the remaining 45% in the next month. During August, the following items were budgeted:

Wages Expense

$60,000

Purchase of office equipment

42,000

Selling and Administrative Expenses	51,000
Depreciation Expense	26,000

The budgeted cash disbursements for August are: