Harris Corporation has collected the following information for the month of June: 1. Cash balance on June 1st is $8,000. 2. June's sales were 110,000; 60% are collected in the month of sale, 25% are collected in the following month, and 15% in the second following month. 3. June collections of previous months' accounts receivable were $15,000. 4. Purchases for May and June were $40,000 and $65,000, respectively. Harris pays 65% in the month of the purchase and 35% in the following month. 5. Payroll incurred in May and due in June is $31,000. 6. Their insurance policy which covers one year is payable in June for $17,000. 7. Other expenses payable in June are $5,000. 8. Depreciation on their machines was $34,000 for June. 9. Accrued taxes incurred in June and payable in December are $31,000. What are the cash disbursements for the month of June? Multiple Choice $135,750 $109,250 $101,750 $143,250 $174.250