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Sheridan Company expects to purchase $ 2 3 0 0 0 0 of materials in July and $ 2 8 0 0 0 0 of
Sheridan Company expects to purchase $ of materials in July and $ of materials in August. Threefourths of all purchases are paid for in the month of purchase, and the other onefourth are paid for in the month following the month of purchase. What are budgeted cash disbursements for materials purchases in August?
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