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The Richburn Manufacturing Company increased its merchandise inventory by $26,000 over the year. The company also granted its customers more liberal credit terms which Increased

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The Richburn Manufacturing Company increased its merchandise inventory by $26,000 over the year. The company also granted its customers more liberal credit terms which Increased the accounts receivable by $46,500. Sales were $984000 and the accounts payable decreased by $36,500. The gross profit on sales is 45% Marketing and administrative expenses were $154,000. this included depreciation expense of $6.000. What were the cash disbursements for the year? 606 Multiple Choice $590.800 $603,700 $751700 $185,800

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