Bridgeport, Inc. provided the following information: July August Projected sales $238,000 $250,000 Projected merchandise purchases $154,000 $182,000 Bridgeport 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. Bridgeport pays for 20% of merchandise purchases in the month purchased and 80% in the following month. . General operating expenses are budgeted to be $20,000 per month, including depreciation of $1,700. Bridgeport pays operating expenses in the month incurred. . Bridgeport makes loan payments of $3,000 per month of which $400 is interest and the remainder is principal. Calculate Bridgeport's budgeted cash disbursements for August. Budgeted Cash Disbursements $