ABC Company's raw materials purchases for June, July, and August are budgeted at $$43,000,$$$33,000,$ and $$58,000,$ respectively. Based on past experience, ABC expects that $60\%$ of a month's raw material purchases will be paid in the month of purchase and $40\%$ in the month following the purchase.

Required:

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

$\backslash$table$[[,$June,July,August$],[$Budgeted raw material purchases,$$,43,000,$$$,33,000,58,000],[$August cash paymients:,,,,,$],[$Current month's purchases,,,,,$],[$Prior month's purchases,,,,,$],[$Total cash payments,,,,,$