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Projected merchandise purchases $ 6 8 , 0 0 0 , $ 7 6 , 5 0 0 , $ 8 5 , 0 0

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Projected merchandise purchases $68,000,$76,500,$85,000
Indigo 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 $21,500 per month of which depreciation is $2,500 of this amount. Indigo pays operating expenses in the month incurred.
Calculate Indigo's budgeted cash disbursements for May.
Budgeted cash disbursements
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