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Mega Ltd. has the following budgeted sales and purchases for the first two months of 20x4: Month Budgeted Sales ($) Budgeted Purchases (5) January 390,500

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Mega Ltd. has the following budgeted sales and purchases for the first two months of 20x4: Month Budgeted Sales ($) Budgeted Purchases (5) January 390,500 251,000 February 115,500 83,000 Mega's historical cash collection and disbursement patterns are as follows: Sales: 42% collected in the month of sale; the remainder collected in the month following the sale. Purchases: 70% paid for in the month purchased; the remainder paid for in the following month. What are the total budgeted cash disbursements for purchases for February 20x4

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