The company starts the month of October with following account balances.

Cash

P26,000

Accounts receivable

80,000

Prepaid expenses

12,000

Merchandise inventory

30,000

Accounts payable

50,000

Accrued expenses

8,000

The company expected to have prepaid expenses of P20,000 and accrued expenses, P12,000 by October 31.

The budgeted sales, all on credit, and purchases for the month are P400,000 and P280,000, respectively.Operating expenses to be recognized during October are P115,000. Sales are uniformly collected, 60% during the month of sales and the remainder the following month.Accounts payable on purchase of merchandise is paid 50 percent at month of purchase and the other half in the first month.

1. The amount of cash from sales is
2. The accounts payable on purchase of goods to be paid during October is
3. Total cash disbursements for October are