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Lough Company prepared the following purchases budget: Month Budgeted Purchases June $45,000 July $43,000 August $39,000 September $49,000 October $49,000 All purchases are paid for

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Lough Company prepared the following purchases budget: Month Budgeted Purchases June $45,000 July $43,000 August $39,000 September $49,000 October $49,000 All purchases are paid for as follows: 15% two months after purchase, 40% in the following month, and 45% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company? O A $43,300 B. $17,550 c. $47,500 D. $41,500

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