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Lough Company prepared the following purchases budget: Month Budgeted Purchases June $41,000 July $48,000 August $39,700 September $46,000 October $48,800 All purchases are paid for

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Lough Company prepared the following purchases budget: Month Budgeted Purchases June $41,000 July $48,000 August $39,700 September $46,000 October $48,800 All purchases are paid for as follows: 5% two months after purchase, 35% in the following month, and 60% in the month of purchase. What are the cash disbursements in October to account for the September purchases at Lough Company? O A. $2,300 B. $2,050 OC. $46,000 D. $16.100 dist

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