Peabody Company prepared the following purchases budget: Month Budgeted Purchases June $34,600 July $41,000 August $39,400 September $44,200 October $48,700 All purchases are paid for as follows: 30% in the month of purchase, 45% in the following month, and 25% two months after purchase. What are the total cash disbursements in October to account for the purchase of merchandise at Peabody Company? Question content area bottom Part 1 A. $48,700 B. $14,610 C. $38,920 D. $44,350