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The Foress Antique Mall expects to make purchases in the first quarter of 2021 as follows: January $112,100 February 141,600 March 100,300 Purchases in
The Foress Antique Mall expects to make purchases in the first quarter of 2021 as follows: January $112,100 February 141,600 March 100,300 Purchases in December 2020 are expected to be $107,800. The company expects that 50 percent of a month's purchases will be paid in the month of purchase and 50 percent will be paid in the following month. Estimate cash disbursements related to purchases for each month of the first quarter of 2021. Cash disbursements for purchases January Payment of December purchases $ Payment of January purchases Payment of February purchases Payment of March purchases $ February March LA $ $ $ $
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