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Lambert Company purchased $140,000 of goods in September and expects to purchase $130,000 of goods in October. Lambert typically pays for 20% of purchases in

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Lambert Company purchased $140,000 of goods in September and expects to purchase $130,000 of goods in October. Lambert typically pays for 20% of purchases in the month of purchase and 80% the following month. Every month, Lambert must make the following payments: Rent $5,000 Wages $14,000 Utilities $3,000 Telephone $400 Loan on equipment $1,200 In mid-October, Lambert expects to buy a new computer for $4.500 using the company credit card. Typically the credit card bill is paid in full in the following month. September credit card purchases totaled $7.000. What is the total cash disbursements expected by Lambert during the month of October? $167,600 0 $172,100 $168,600 O $55,600 $60.100

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