The following selected data pertain to Phineus Corporation:

Cash operating expenses, July 1-31	$ 172,000
Depreciation	52,000
Merchandise purchases in July	552,000
Estimated payments in July for purchases in June	212,000
Estimated payments in July for purchases prior to June	42,000
Estimated payments in July for purchases in July	35 %

July's cash disbursements are expected to be:

$365,200.

$417,200.

$619,200.

$671,200.

Some other amount.