The following selected data pertain to QE Corporation: Cash operating expenses July 1-31 AED180,000 Depreciation 60,000 Merchandise purchases in July 560,000 Estimated payments in July for June purchases 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

AED404,000.

AED464,000.

AED734,000.

AED674,000.