Company A is a merchandising company. - Budgeted Sales for June are $140,000 - Budgeted Sales for July are $155,000 - Budgeted Sales for August are $175,000 - Budgeted Sale for September are $163,000 Assume COGS is 70% of Sales. Required monthly ending inventory is 10% of COGS for the next two months. Assume the following: 30% of merchandising purchases are paid in the month of the purchase. 70% is paid in the following month. Assume all of the Accounts Payable is what is owed on merchandising purchases. What are the cash disbursements for merchandise in the following months: June July What is in Accounts Payable at the end of July