The following selected data pertain to Phineus Corporation: Please provided detailed calculations/how Cash Operating Expenses - 180,000

Depreciation- 60,000

Merchandise purchase 560,000

Eliminated payments in july for purchaces in June- 220,000

Estimated payments in july for purchases prior to june 50,000

Estimated payments in july for purchases in july 40%

July's cash disbursements are expected to be: A. $404,000. B. $464,000. C. $674,000. D. $734,000. E. Some other amount.