Selected Opening Balances as of June 1, 2019 Cash $ 106,200 Accounts Receivable 93,000 Inventory 225,000 Long-term Assets 304,000 Accounts Payable 59,900 Stockholder's Equity 566,000 Budgeted Amounts For the month of June: Total Revenue $309,000 Total General and Administration Costs 215,000 Total Capital Expenditures 168,000 For the month of July: Total Revenue 443,800 Total General and Administration Costs 189,000 Total Capital Expenditures 158,000 The company's monthly depreciation represents 20% of general and administration costs. 55% percent of the general and administration costs (excluding depreciation) are paid in the month in which they are incurred, and the rest is recorded in accounts payable to be paid in the next month. Of the $168,000 capital expenditures for June, $129,000 will be paid in July. The remaining amount will be paid in the month in which they are incurred. a) Calculate the total cash disbursement for the month of June. General Administration costs from May $ | General Administration costs from June Capital Expenditure $ ho Total cash disbursement for June $ b) Calculate the total cash disbursement for the month of July. General Administration costs From June $ General Administration costs From July $ Capital Expenditure from June $ Capital Expenditure from July $ Total cash disbursement for July $