Based on the above The following expenses are also payable in cash and need to be budgeted for on a monthly basis as follows: VAT at R24 542 for November, R27 849 for December and R15 635 during January. Municipal accounts amounting to R3 500 for November, R4 200 for December and R3 800 for January. Telecommunication costs (including Internet) amounting to R4 755 for November, R4 866 for December and R3 800 for January. A sponsorship to a school amounting to R30 000 is payable in January. Assuming a beginning cash balance of R61 000 on 1 November, the total cash disbursements for November is closest to ... a. R292 792 b. R186 427 c. R336 585 d. R 71 854