The Outturn Company, a merchandising firm, has budgeted its activity for July according to the following information: - Sales at $550,000, all cash - Inventory on June 30 was $300,000 - July depreciation is budgeted for $35,000 - Cash at July 1 was $25,000 - selling and admin. expenses for July are budgeted at $60,000, cash - Inventory is planned to be $270,000 on July 31 - the invoice cost for purchases represents 75% of the sales price, all cash The budgeted cash disbursements for July are: a.$382,500. b.$472,500. c. $477,500. d. $442,500. please show work