Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its Inventories: Inventories at beginning of March Estimated purchases for March Estimated cost of goods sold for March Estimated payments in March for purchases in February Estimated payments in March for purchases prior to February Estimated payments in March for purchases in March. Required: What are the estimated cash disbursements in March? Estimated cash disbursements $ 358,750 1,405,000 1,438,000 353,000 65,000 70%