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TheMarxAntique Mall expects to make purchases in the first quarter of 2021 as follows: January $104,500 February 132,000 March 93,500 Purchases in December 2020 are

TheMarxAntique Mall expects to make purchases in the first quarter of 2021 as follows:

January $104,500

February 132,000

March 93,500

Purchases in December 2020 are expected to be $100,600. The company expects that50percent of a month's purchases will be paid in the month of purchase and50percent will be paid in the following month.

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Estimate cash disbursements related to purchases for each month of the first quarter of 2021. Cash disbursements for purchases January February March Payment of December purchases $ $ $ Payment of January purchases Payment of February purchases Payment of March purchases $ $ $

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