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The Benton Antique Mall expects to make purchases in the first quarter of 2018 as follows: January $87,300 February 99,000 March 81,000 Purchases in December

The Benton Antique Mall expects to make purchases in the first quarter of 2018 as follows:

January $87,300

February 99,000

March 81,000

Purchases in December 2017 are expected to be $90,000. The company expects that 55 percent of a month's purchases will be paid in the month of purchase and 45 percent will be paid in the following month.

Estimate cash disbursements related to purchases for each month of the first quarter of 2018.

Cash disbursements for purchases January February March

Payment of December purchases $_____________ $_____________ $______________

Payment of January purchases _______________ _______________ _______________

Payment of February purchases _______________ _______________ _______________

Payment of March purchases _______________ _______________ _______________

$______________ $______________ $______________

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