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Estimated purchases for the next four months are as follows (in $ million): Month 1 2 3 4 Purchases 39.78 40.58 41.39 42.21 The firm

Estimated purchases for the next four months are as follows (in $ million):

Month 1 2 3 4
Purchases 39.78 40.58 41.39 42.21

The firm pays 60% of purchases in the month of the purchase and the remainder in the following month.

What are cash disbursements in month 2 (in $ million)?

What are cash disbursements in month 3 (in $ million)?

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