Garnett co. expects to purchase $80,000 of material in July and $65,000 of material in August. Three-Fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How will Augusts cash disbursements for materials purchases be? A. 60,000 B. 48,750 C. 68,750 D. 76,250