Goliath Company prepared the following purchases budget: Month June July August September October Budgeted Purchases $34,200 $41,000 $39,600 $45,900 $48,700 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? OA. $1.710 O B. $11,970 O c. $20,520 O D. $16,065