Pharoah, Inc. has budgeted direct materials purchases of $150400 in March and $240600 in April. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. Other costs are all paid during the month incurred. During April, the following items were budgeted:

Wages expense	$75200
Purchase of office equipment	36500
Selling and administrative expenses	23000
Depreciation expense	19000
Accounts Receivable write-offs	10000

How much is budgeted cash disbursements for April?

$325240

$213540

$348240

$367240