Hector Company reports the following:

	July		August		September
Sales	$	33,000	$	41,000	$	45,000
Purchases		19,470		24,190		33,000

Payments for purchases are made in the month after purchase. Selling expenses are 20% of sales, administrative expenses are 8% of sales, and both are paid in the month of sale. Rent expense of $2,000 is paid monthly. Depreciation expense is $1,500 per month.

Prepare a schedule of budgeted cash disbursements for August and Septembe

HECTOR COMPANY
Budgeted Cash Disbursements
For August and September
	August	September