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Carla Vista Design provided the following budgeted information for April through July: The cash balance on June 1 is $11520. The company pays 40% of
Carla Vista Design provided the following budgeted information for April through July: The cash balance on June 1 is $11520. The company pays 40% of merchandise purchases in the month purchased and 60% in the following month. General operating expenses are budgeted to be $29760 per month of which depreciation is $2880 of this amount. Management pays operating expenses in the month incurred. The company makes loan payments of $3840 per month of which $576 is interest and the remainder is principal. How much are budgeted cash disbursements for June? $98688.$113664.$82944.$60672
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