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

	Purchases				Sales
January	$	170,000			$	110,000
February	$	170,000			$	210,000
March	$	170,000			$	250,000
April	$	150,000			$	310,000
May	$	150,000			$	270,000
June	$	130,000			$	250,000

Forty percent of purchases are paid for in cash at the time of purchase, and 30% are paid for in each of the next two months. Purchases for the previous November and December were $160,000 per month. Employee wages are 10% of sales for the month in which the sales occur. Marketing and administrative expenses are 20% of the following month's sales. (July sales are budgeted to be $230,000.) Interest payments of $30,000 are paid quarterly in January and April. Kenyon's cash disbursements for the month of April would be: (CMA adapted)

Multiple Choice

• $153,000.

• $277,000.

• $218,110.

• $270,457.