Blossom Design provided the following budgeted information for April through July: April May June July Projected sales $128960 $152520 $142600 $163680 Projected merchandise purchases $101680 $114080 $96720 $81840 The cash balance on June 1 is $14880. The company pays 40% of merchandise purchases in the month purchased and 60% in the following month. General operating expenses are budgeted to be $38440 per month of which depreciation is $3720 of this amount. Management pays operating expenses in the month incurred. The company makes loan payments of $4960 per month of which $744 is interest and the remainder is principal. How much are budgeted cash disbursements for June?