Mini-Exercise 14-6 (Algo) Cash disbursements analysis LO 14-7 ABC Company's raw materials purchases for June, July, and August are budgeted at $2,000,$42,000, and $67,000, respectively. Based on past experience, ABC expects that 50% of a month's raw material purchases will be paid in the month of purchase and 50% in the month following the purchase. Required: Prepare an analysis of cash disbursements from raw materials purchases for ABC Company for August