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Marigold, Inc. provided the following information: Marigold pays for 4 0 % of merchandise purchases in the month of the purchase and 6 0 %

Marigold, Inc. provided the following information:
Marigold pays for 40% of merchandise purchases in the month of the purchase and 60% in the following month.
General operating expenses are budgeted to be $20,000 per month of which depreciation is $2,100 of this amount. Marigold
pays operating expenses in the month incurred.
Calculate Marigold's budgeted cash disbursements for May.
Budgeted cash disbursements
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