Peabody Company prepared the following purchases budget: Month Budgeted Purchases June $34,000 July $42,700 August $39,800 September $45,300 October $48,900 All purchases are paid for as follows: 60% in the month of purchase, 35% in the following month, and 5% two months after purchase. What are the cash disbursements in August to account for the June purchases at Peabody Company? Question content area bottom Part 1 A. $15,855 B. $11,900 C. $20,400 D. $1,700