A company has budgeted direct materials purchases of $390000 in July and $550000 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 $180000 Purchase of office equipment 75000 Selling and Administrative Expenses 57000 Depreciation Expense 45000 The budgeted cash disbursements for August are O $859000 O$757000 O ss02000 s814000