Question 3 - View Policies Current Attempt in Progress Coronado Merchandising Company expects to purchase $57000 of materials in July and $79000 of materials in August. Three-quarters of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. In addition, a 2% discount is received for payments made in the month of purchase. How much will cash disbursements for materials purchases be in August? $55860 $77420 $72315 $57000