Mark Company has the following information: Budgeted Purchases Month $40,000 January 29.000 30,520 March April 29,400 May 27,680 Purchases are paid as follows: 10% in the month of purchase 50% one month after purchase 40% two months after purchase What is the estimated cash disbursement in March from January purchases? O S3.052 O S12.000 S14.500 O S16.000