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Sheffield, Inc. provided the following information: - Sheffield pays for 30% of merchandise purchases in the month of the purchase and 70% in the following

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Sheffield, Inc. provided the following information: - Sheffield pays for 30% of merchandise purchases in the month of the purchase and 70% in the following month. - General operating expenses are budgeted to be $22,000 per month of which depreciation is $2,200 of this amount. Sheffield pays operating expenses in the month incurred. Calculate Sheffield's budgeted cash disbursements for May. Budgeted cash disbursements $

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