he following selected data pertain to Flagship Corporation:

Cash operating expenses July 1-31	$	188,000
Depreciation		68,000
Merchandise purchases in July		568,000
Estimated payments in July for June purchases		228,000
Estimated payments in July for purchases prior to June		58,000
Estimated payments in July for purchases in July		35	%

July's cash disbursements are expected to be:

Multiple Choice

• $386,800.

• $454,800.

• $672,800.

• $740,800.

• None of the answers is correct.