Cheney Company has budgeted direct materials purchases of $400,000 in March and $600,000 in April. Past experience indicates that the company pays for 65% of its purchases in the month of purchase and the remaining 35% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted:

Wages Expense	$120,000
Purchase of office equipment	200,000
Selling and Administrative Expenses	126,000
Depreciation Expense	18,000

How much is budgeted cash disbursements for April? (15 marks)