ABC Company's raw materials purchases for June, July, and August are budgeted at $$44,000,$$$34,000,$ and $$59,000,$ respectively.

Based on past experience, ABC expects that $70\%$ of a month's raw material purchases will be paid in the month of purchase and $30\%$

in the month following the purchase.

Required:

Prepare an analysis of cash disbursements from raw materials purchases for ABC Company for August.