The following data have been taken from the budget reports of Brandon company, a merchandising company.

	Purchases	Sales
January	$220,000	$160,000
February	$220,000	$260,000
March	$220,000	$300,000
April	$200,000	$360,000
May	$200,000	$320,000
June	$180,000	$300,000

Fifty percent of purchases are paid for in cash at the time of purchase, and 25% are paid for in each of the next two months. Purchases for the previous November and December were $210,000 per month. Employee wages are 20% of sales for the month in which the sales occur. Selling and administrative expenses are 30% of the following month's sales. (July sales are budgeted to be $280,000.) Interest payments of $22,000 are paid quarterly in January and April. Brandon's cash disbursements for the month of April would

be a) 200,000 b) 400,000 c) 260000 d)315000