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Scan Design provided the following budget information for April through July: April May June July Projected Sales $104,000 $123,000 $115,000 $132,000 Projected Merchandise Purchases $82,000

Scan Design provided the following budget information for April through July:

                                                                            April                 May                   June               July
Projected Sales                                              $104,000         $123,000        $115,000        $132,000
Projected Merchandise Purchases            $82,000            $92,000          $78,000          $66,000
Cash balance as of June 1 is $12,000. The company pays 40% of merchandise purchases in the month purchased and 60% in the following month. General operating expenses are budgeted at $31,000 per month, of which depreciation is $3,000 of this amount. Management pays operating expenses in the month in which they are incurred. The company makes loan payments of $4,000 per month, of which $600 is interest and the rest is principal. 


How much are the budgeted cash disbursements for June?

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