Question 3 Peabody Compty prepared the following purchases budget Month June July August September October Budgeted Purchases $34,600 $41.000 $39,400 $44.200 $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? $38,920 $48,700 $14.610 $44,350