Exercise 10-13 Steering Retailers expects to make inventory purchases in the next quarter as follows: April May June $50,700 62,200 88,400 Prior experience has shown that 70 percent of a month's purchases are paid in the month of purchase and 30 percent are paid in the month following purchase. March purchases were $43,000. Estimate cash disbursements related to purchases for April, May, and June. Cash disbursements for purchases April May June Payment of March purchases $ $ Payment of April purchases Payment of May purchases Payment of June purchases