In September of 2019, Hayden Products Inc. began doing business as a corporation. The company plans to start making its first purchases in October of 2019. They have the following purchases budgeted for the last quarter of 2019:

October	$850,000
November	600,000
December	720,000

Hayden has worked out agreements with its various suppliers to pay for one-third of a months purchases each month, beginning in the month of purchase, until the purchases are paid in full. No purchases were made prior to October. What are expected total cash disbursements for the last quarter of 2019?

Group of answer choices

$1,006,667

$1,446,667

$ 723,333

$1,490,000

FULL expanded answer please