Lough Company prepared the following purchases budget: Month Budgeted Purchases June $43,000 July $42,000 August $38,600 September $54,000 October $49,500 All purchases are paid for as follows: 10% two months after purchase, 60% in the following month, and 30% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company? What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company O A. $41,080 OB. $11,580 OC. $41,960 O D. $51.110