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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?
Group of answer choices
$33,550
$45,495
$9,900
$41,550
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