Rivers Company purchases merchandise on account. In general, Rivers pays 50 percent in the month of purchase and 50 percent in the following month. All payments in the month of purchase qualify for a 2 percent cash discount. First quarter budgeted purchases are: What are the total cash disbursements expected in February? What are the total cash disbursements expected in March? Now suppose that there is no cash discount for purchases made in the month of purchase. Now what are the total cash disbursements expected in February? In March