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The following information is available to prepare the cash disbursements portion of the cash budget: Cash payment for current month's purchases 30% Cash payment for

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The following information is available to prepare the cash disbursements portion of the cash budget: Cash payment for current month's purchases 30% Cash payment for last month's purchases a e Cash discounts taken 100% The expected credit purchases of the second quarter are: April $180,000 May $250,000 June $300,000 How much cash will be paid in May for purchases? $195,600 $184,500 $200.750 $221.400

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