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Cedar Co. has forecast purchases to be $339,000 in June, $378,000 in July $314,000 in August, and $276,000 in September. Purchases average 40% paid in

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Cedar Co. has forecast purchases to be $339,000 in June, $378,000 in July $314,000 in August, and $276,000 in September. Purchases average 40% paid in cash, 60% on credit. Credit purchases are paid 70% in the month of purchase, 25% during the month following, and 5% the second month following the purchase. Cash disbursements in September would be: Multiple Choice $284760 $80,010 $291,510 $112.410

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