Cash Disbursement Assume Stimson Lumber, headquartered in Portland, Oregon, is in the process of preparing its budget for next year. Cost of goods sold has been estimated at 60% of sales. Lumber purchases and payments are to be made during the month preceding the month of sale. Wages are estimated at 20% of sales and are paid during the month of sale. Other operating costs amounting to 5% of sales are to be paid in the month following the month of sale. Additionally, a monthly lease payment of $10,000 is paid for computer services. Sales revenue is forecast as follows: Month Sales Revenue February $340,000 March 420,000 April 440,000 May 520,000 June 480,000 July 560,000 Required Prepare a schedule of cash disbursements for April, May, and June. Do not use a negative sign with your answers. Stimson Lumber Schedule of Cash Disbursements April, May, and June April May June Lumbers purchases Answer Answer Answer Wages