Cash Disbursements Assume that Waycross Manufacturing manages its cash flow from its home office. Waycross controls cash disbursements by category and month. In setting its budget for the next six months, beginning in July, it used the following managerial guidelines: Category Guidelines Purchases Parhain aurrent and halt In tallawn ranth. Fayroll Paymu parcers incurrant morth and 20 percent in following month. Luan Pymenils Peytola amount due each month. Predicted activity for selected months follow: Category May June July August Purchases $30,000 $47,000 $57,000 557,CO Payroll 100.000 10000 120,000 100,000 Luan Payments 10000 10.000 14.000 14.000 Prepare a schedule showing cash disbursements by account for July and August Waycross Manufacturing Schedule of Cash Disbursements For the Months of July and August July August Nccounts payabic Payroll Luanyereris