ABC Company's raw materials purchases for June, July, and August are budgeted at $$54,000,$$$44,000,$ and $$69,000,$ respectively. Based on past experience, ABC expects that $70\%$ of a month's raw materlal 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.

$\backslash$table$[[,$June,July,August$],[$Budgeted raw material purchases,,,$],[$August cash payments:,,,$],[$Current month's purchasos,,,$],[$Prior month's purchases,,,$],[$Total cash payments,,,$]]$