Carter Roberts Inc. sells household equipment to contractors within Manitoba. On June 30th, the company had inventories of $462,500 at a cost of $25. The following budget assumptions are available for the third quarter of the year:

Each months sales are billed on the last day of the month.

Customers are allowed 3% discount if payment is made within 30 days after the billing date. Receivables are recorded in the accounts at their gross amounts (not net of discounts).

The billings are collected as follows: 75% within the discount period, 15% percent by the end of the month and 8% by the end of the following month. 2% is uncollectible.

Purchase data are as follows:

For both purchases of inventory merchandize and selling, general, and administrative expenses, 70% is paid in the month purchased and the remainder in the following month.

The number of units in each months ending inventory equals 90% percent of the next months unit of sales.

Selling, general, and administrative expenses, of which $8,000 is depreciation, equals 20% of the current months sales.

Actual and projected sales are as follow:

Dollars Units

May $675,400 17,700

June 690,800 18,100

July 680,200 17,900

August 649,800 17,100

September 684,000 18,000

October 695,400 18,300

What is the budgeted cash disbursments during August?