Due Moon Atlas Company is trying to prepare a cash disbursements budget for the 1st quarter of next year. They report the following information for sales and purchases of merchandise Sales Purchases January February March 144,000 346,000 $42.000 16,600 17.800 16.800 They also provided the following additional informacion 1. Payments for purchases of merchandise are made in the month after the purchase December purchases were $17.000 2. Selling expenses are 16 of sales 3. Administrative expenses include annual sales of $78,000, monthly rent expense of $1.200, and monthly depreciation expense of $900. 4. Selling and administrative expenses are paid in the month incurred. Prepare a schedule of cash disbursements budgeted for the first quarter. Hound answers to the nearest whole dollar Atlas Company Cash Disbursements Budget For the Quarter Ended March 11 January February March Payments for merchandise Seling pense Administrative salaries Rent expense Total Cash Drbursements