Beecher Inc. is planning to purchase inventory for resale costing $90,000 in October, $70,000 in November, and $40,000 in December. The company pays for 40% of its purchases in the month of purchase and 60% in the month following purchase. What would be budgeted cash disbursements in December for purchases of inventory? a) $40,000 b) $58,000 c) $70,000 d) $200,000