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Harkin Products expects to make purchases of $65,000 in January; $80,000 in February; $50,000 in March; and $90,000 in April. Purchases are paid 30% in

Harkin Products expects to make purchases of $65,000 in January; $80,000 in February; $50,000 in March; and $90,000 in April. Purchases are paid 30% in the month of purchase and 70% in the month after purchase. How much is the budgeted cash disbursement for merchandise purchases in March?

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$71,000

$50,000

$59,000

$80,000

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