Isle Industries' budget for the upcoming quarter is as follows: April May June Sales $46,000 $59,000 $55,000 Direct Material Purchases 30,000 35,000 33,500 Direct Labor Costs 15,000 18,000 17,250 Variable Overhead Costs 8,000 11,000 9,500 Half of Isle's sales are cash and half are credit. Credit sales are collected 60% in the month of sale and 35% in the following month; 5% are uncollectible. Isle buys 75% of its direct materials on credit and the rest with cash. Credit purchases are paid 60% in the month of purchase and 40% in the following month. Direct labor costs are paid 85% in the month incurred and 15% in the following month. Variable overhead costs are paid in the month following incurrence. What will Isle report as its total budgeted cash disbursements for May? $43,300 $59,050 $62,050 $47,800