Selenas Sweets is preparing cash budgets for the first two months of 2016. Purchases of materials in December were $23,500. Budgeted purchases are $20,500 for January and $26,000 for February. All are credit purchases, and 10% paid in the same month, 60% the following month, and 30% two months after the purchase. The cash disbursements for February are budgeted to be: