question number 10

Question 10 The Tri Town Antique Mall expects to make purchases in the first quarter of 2018 as follows: January $87,300 February 99,000 March 81,000 Purchases in December 2017 are expected to be $90,000. The company expects that 55 percent of a month's purchases will be paid in the month of purchase and 45 percent will be paid in the following month. Estimate cash disbursements related to purchases for each month of the rst quarter of 2018. Payment of December purchases $1 $ I $ Payment of January purchases Payment of February purchases I I Payment of March purchases $ $ $