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Runner Retailers expects to make inventory purchases in the next quarter as follows: April $60,600 May 72,000 June 99,300 Prior experience has shown that 60

Runner Retailers expects to make inventory purchases in the next quarter as follows:

April $60,600
May 72,000
June 99,300

Prior experience has shown that 60 percent of a months purchases are paid in the month of purchase and 40 percent are paid in the month following purchase. March purchases were $53,800. Estimate cash disbursements related to purchases for April, May, and June.

Cash disbursements for purchases April May June
Payment of March purchases $

$

$

Payment of April purchases

Payment of May purchases

Payment of June purchases

$

$

$

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