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Hardy Company reports budgeted merchandise purchases below. For those purchases, 40% of a months purchases is paid in the month of purchase, and 60% is

Hardy Company reports budgeted merchandise purchases below. For those purchases, 40% of a months purchases is paid in the month of purchase, and 60% is paid in the first month after purchase. Prepare the schedule of cash payments for merchandise purchases for September and October.

August September October
Budgeted merchandise purchases 194,000 185,000 160,000

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