b. A schedule of budgeted cash disbursements for merchandise purchases. DC Products Schedule of Budgeted Cash Disbursements for Merchandise Purchases 2023-Fourth-quarter purchases 2024-First-quarter purchases 2024-Second-quarter purchases 2024-Third-quarter purchases 2024-Fourth-quarter purchases Total cash payments First Second Third Fourth Total $ 57,960 $ 57,960 342,240 85,560 456,320 427,800 114,080 570,400 561,200 140,300 701,500 231,840 231,840 $ $ 400,200 $ 541,880 $ 675,280 $ 372,140 1,989,500 2. Compute the expected cash payments for operating expenses, by quarter and in total, for the year 2024. Cash payments First Second Third Fourth Year $ 172,500 $207,000 $ 241,500 $ 138,000 $ 759,000