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Goliath Company prepared the following purchases budget: All purchases are paid for as follows: 30% in the month of purchase, 60% in the following month,

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Goliath Company prepared the following purchases budget: All purchases are paid for as follows: 30% in the month of purchase, 60% in the following month, and 10% two months after purchase. What are the total cash disbursements in October to account for the purchase of merchandise at Goliath Company? A. $48, 300 B. $46, 070 C. $14, 490 D. $40, 860

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