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Lough Company prepared the following purchases budget: All purchases are paid for as follows: 20% two months after purchase, 55% in the following month, and

Lough Company prepared the following purchases budget: All purchases are paid for as follows: 20% two months after purchase, 55% in the following month, and 25% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company?

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$33,550

$45,495

$9,900

$41,550

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