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Pina Colada. Inc. provided the following information: - Pina Colada pays for 40% of merchandise purchases in the month of the purchase and 60% in
Pina Colada. Inc. provided the following information: - Pina Colada pays for 40% of merchandise purchases in the month of the purchase and 60% in the following month. - General operating expenses are budgeted to be $25,000 per month of which depreciation is $2,200 of this amount. Pina Colada pays operating expenses in the month incurred. Calculate Pina Colada's budgeted cash disbursements for May. Budgeted cash disbursements $
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