Must Show Work Jumbo Boogie Boards has budgeted direct materials purchases of $120,000 in March and $160,000 in April Past experience indicates that the company pays for 40% of its purchases in the month of purchase and the remaining 60% in the next month. During April, the following items were budgeted: Wages Expense $32,000 Purchase of office equipment 13,000 Selling and Administrative Expenses 25,000 Depreciation Expense 9,000 How much are budgeted cash disbursements for April? ! 1 A-BIT