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Bramble, Inc. provided the following information: - Bramble estimates that it will collect 40% of its sales in the month of sale, 35% in the
Bramble, Inc. provided the following information: - Bramble estimates that it will collect 40% of its sales in the month of sale, 35% in the month after the sale, and 22% in the second month following the sale. Three percent of all sales are estimated to be bad debts. - Bramble pays for 30% of merchandise purchases in the month purchased and 70% in the following month. - General operating expenses are budgeted to be $23,500 per month, including depreciation of $2,200. Bramble pays operating expenses in the month incurred. - Bramble makes loan payments of $5,000 per month of which $400 is interest and the remainder is principal. Calculate Bramble's budgeted cash disbursements for August. Budgeted Cash Disbursements \$
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