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Goliath Company prepared the following purchases budget: Budgeted Purchases $34,200 $41,000 $39,600 $45,900 $48,700 Month June July August September October All purchases are paid for

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Goliath Company prepared the following purchases budget: Budgeted Purchases $34,200 $41,000 $39,600 $45,900 $48,700 Month June July August September October All purchases are paid for as follows: 60% in the month of purchase, 35% in the following month, and 5% two months after purchase What are the cash disbursements in August to account for the June purchases at Goliath Company? O A. $11,970 O B. $1,710 O C. $16,065 O D. $20,520

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