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Question text Assume that the XY firm will make purchases of 5.9 per month during July and June. Wages and salaries are estimated at 6.9

Question text Assume that the XY firm will make purchases of 5.9 per month during July and June. Wages and salaries are estimated at 6.9 per month. The firm must make a principal and interest payment on an outstanding loan in June of $100,000. The firm plans a purchase of a fixed asset costing 7.3 in July. The second quarter tax payment of $20,000 is also due in June. What is the total Cash disbursements for this company in June?

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