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ThePageAntique Mall expects to make purchases in the first quarter of 2021 as follows: January $110,200February 139,200March 98,600 Purchases in December 2020 are expected to

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

January

$110,200February

139,200March

98,600

Purchases in December 2020 are expected to be $106,000. 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.

Estimate cash disbursements related to purchases for each month of the first quarter of 2021.

Cash disbursements for purchasesJanuary

February

March

Payment of December purchases$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

Payment of January purchasesenter a dollar amount

enter a dollar amount

enter a dollar amount

Payment of February purchasesenter a dollar amount

enter a dollar amount

enter a dollar amount

Payment of March purchasesenter a dollar amount

enter a dollar amount

enter a dollar amount

$

enter a total dollar amount

$

enter a total dollar amount

$

enter a total dollar amount

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