Scan Design provided the following budgeted 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 The cash balance on 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 to be $31,000 per month of which depreciation is $3,000 of this amount. Management pays operating expenses in the month incurred. The company makes loan payments of $4,000 per month of which $600 is interest and the remainder is principal. How much are budgeted cash disbursements for June?