FLM Company, a reseller of children's fashions, has budgeted its activity for October. The budget information is presented below:

I.	Sales are $550,000. All sales are cash.
II.	Merchandise inventory on September 30 is $300,000
III.	Budgeted depreciation for Oct is $35,000.
IV.	Cash in bank on Oct1 is $25,000.
V.	Selling and administrative expenses are budgeted at $60,000 for Oct and are paid in cash.
VI.	The planned merchandise inventory on Oct 31 is $270,000.
VII.	The invoice cost for merchandise purchases represents 75% of sales price. All purchases are paid for in cash.

Refer to FLM Company. The budgeted cash disbursements for Oct are:

	a.	$382,500
	b.	$442,500
	c.	$472,500
	d.	$477,500