Hector Company reports the following:

	July		August		September
Sales	$	29,000	$	37,000	$	41,000
Purchases		17,400		22,200		29,000

Payments for purchases are made in the month after purchase. Selling expenses are 17% of sales, administrative expenses are 10% of sales, and both are paid in the month of sale. Rent expense of $1,600 is paid monthly. Depreciation expense is $1,300 per month.

Prepare a schedule of budgeted cash disbursements for August and September